John Laing enters exclusivity for Colombian road stake

26 August 2020 - 12:00 am UTC

John Laing has entered into an exclusivity agreement with Construcciones el Cóndor in the bidding for its 21.15% stake in the Pacífico II highway concession, three sources familiar with the situation said.

The UK-listed developer will now have until October to carry out further due diligence on the asset before deciding whether to submit a binding offer for the stake in October, added one of the sources.

Read More