Reuters reports, “Spanish builder ACS (ACS.MC) has sold the bulk of its 50 percent stake in Canada’s South Fraser Perimeter Road, a company which manages part of a highway in Vancouver, to two Canadian funds, it said in a statement on Sunday. ACS, which runs other toll roads in Canada, said it would retain a minority stake in the project. Its holding now stands at 12.5 percent. It said it had signed a service contract to manage the highway and maintain it.”
