Brazil · Infrastructure

Key Facts

—Roads lost. Arteris lost the Fernão Dias (BR-381) and Régis Bittencourt (BR-116/SP-PR) concessions in competitive government auctions.

—Traffic weight. The two highways together accounted for roughly half of Arteris’s total traffic and annual EBITDA, according to market estimates.

—Compensation. Arteris will receive at least R$295 million for Fernão Dias and an inflation-adjusted sum expected near R$400 million for Régis Bittencourt.