Sanef set for second IPO in two years

A consortium buying Société des Autoroutes du Nord et de l'Est de la France, the French toll road operator, could immediately re-list the business, which was only floated nine months ago.

Spanish infrastructure management firm Abertis, which is leading a €4bn ($4.8bn) acquisition of the company, said in a conference call with analyst yesterday that it is considering re-listing Sanef after the acquisition is completed.

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