May 26, 2026 – 12.00pmAtlas Arteria is worth almost $1 billion more than IFM Investors’ offer to acquire the ASX-listed toll-road operator, according to an independent expert commissioned by the company, who found that the $6.9 billion takeover bid is neither fair to investors nor reasonable.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 long been sceptical about IFM’s bid, and on Tuesday described the $4.75 per share offer as opportunistic and said it materially undervalued the company.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Independent expert finds Atlas Arteria worth $1b more than IFM offer
Kroll described the takeover attempt by the superannuation asset management giant, the motorway group’s largest investor, as neither fair nor reasonable.
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