MONTREAL — AtkinsRéalis Group Inc. says it plans to sell its stake in the company that owns the Highway 407 ETR toll highway north of Toronto by the end of 2027.
MONTREAL — AtkinsRéalis Group Inc. says it plans to sell its stake in the company that owns the Highway 407 ETR toll highway north of Toronto by the end of 2027.
The company formerly known as SNC-Lavalin announced the plan as part of an investor presentation outlining the company's latest goals and financial targets. It says the sale is part of its move to focus on its engineering services and nuclear businesses.The other owners of the toll highway are the Canada Pension Plan Investment Board with a 50.01 per cent stake and Cintra Global S.E., a wholly owned subsidiary of Ferrovial S.A., at 43.23 per cent.
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