Brazilian firm’s assets to see acquisitions

Brazilian road concession company 7126 Arteris is interested in acquiring a number of assets from 1305 Odebrecht Transport (OTP). The two road concessions currently managed by OTP that Arteris is showing interest in are the 851km Rota do Oeste network in Mato Grosso and the 297km Rota das Bandeiras road network in Sao Paulo. These are the biggest road concessions managed by OTP at present, as well as being the only two for which OTP has a 100% stake. OTP has a 30 year contract for the Rota do Oeste network in Mato Grosso, which runs until 2044. And OTP has a 30 year contract for the Rota das Bandeiras road network in Sao Paulo that runs until 2039. Meanwhile OTP is discussing selling its other assets to a number of other potential buyers.