IFM Investors lashes ‘unreasonable’ Atlas Arteria valuation

IFM Investors says an independent expert’s valuation of takeover target Atlas Arteria is unbalanced and based on unreasonable assumptions, after it assessed the toll road group to be worth over $1 billion more than IFM’s $6.9 billion offer.

Atlas Arteria, which operates motorways in the United States and Germany and has a 30 per cent stake in a French toll road group, has rejected the offer from IFM, which already holds a 34.5 per cent stake in the target.

Source: https://www.afr.com/companies/infrastructure/ifm-investors-lashes-unreasonable-atlas-arteria-valuation-20260601-p602so