2-Aug-2010 12:22 PM

Abertis bidders fail to receive enough capital from lenders

Spain's Abertis Infraestructuras SA bidders failed to gain enough lenders to commit to EUR6.3 billion of loans to back their offers for the company by the 16-Jul-2010 deadline (Bloomberg, 31-Jul-2010). CVC Capital Partners Ltd and Abertis’ two main shareholders, Criteria CaixaCorp SA and Actividades de Construccion y Servicios SA, reportedly received EUR4 billion in commitments.