Spain's Abertis, Brookfield to launch bid for Brazil's Arteris

Spain's Abertis said on Monday that, together with a unit of Canada's Brookfield Asset Management , it will launch a bid for the shares of Brazil's Arteris it doesn't already own for 10.15 reais (2 pounds) per share. The Spanish motorway operator and Brookfield Brazil Motorways Holding currently own 69.26 percent of Arteris through Participes, in which they hold 51 percent and 49 percent respectively. The offer, to be finalised May 17 and aimed at delisting Arteris from the Brazilian market, dis