- Adam Hesketh Named CEO Of Texas Tollway Concession Company
- Why Investors Want Metro Pacific Tollways And Its Parent To Go Private
- These are just some of the toll industry developments TRN is following.
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Adam Hesketh Named CEO Of Texas Tollway Concession Company
The SH 130 Concession Company, which operates segments 5 and 6 of the tolled highway under an agreement with TxDOT, has elevated Adam Hesketh from CFO to chief executive officer. He joined the company last May after leaving KPMG, where he was a managing director of its infrastructure advisory practice. Mr. Hesketh, who was educated in Australia, previously held management positions at Transurban, including CFO and development vice president of the company’s North America unit.
Appointments-Promotions-Retirements P3 & Privatization SH 130 Concession (TX) Texas Transurban TX State Highway 130Why Investors Want Metro Pacific Tollways And Its Parent To Go Private
Nikkei Asia explores the decision to take Philippine-listed infrastructure conglomerate Metro Pacific Investments Corporation (MPIC) — the parent of Metro Pacific Tollways –private. Manuel Pangilinan, the board chair and an architect of the delisting initiative, says the stock market’s undervaluation of company shares has inhibited equity raising necessary for expansion. The article looks at the risk of Philippine government intervention in the infrastructure industry, which is blamed for the lackluster performance of MPIC shares, and the expansion plans of the international consortium of investors proposing to take lucrative MPIC assets private.
Acquisitions and Mergers Company and Agency Financial Issues And Reports Economic & Social Considerations Affecting Transportation Metro Pacific Tollways Corporation PhilippinesThese are just some of the toll industry developments TRN is following.
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