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Bids, Mergers and Takeovers

JLIF completes acquisition of Project Service LLC

01 July 2016 07:30

John Laing Infrastructure Fund Limited has completed the acquisition of a 100% interest in Project Service LLC, the provider of 23 motorway service plazas in the State of Connecticut, between New York and Boston.

The agreement was originally announced on 19 May and the interest was acquired from Carlyle Infrastructure Service Plazas (an affiliate of The Carlyle Group), Doctor's Associates (the parent company of Subway Restaurants) and Subcon (a major Subway franchisee and developer).

Story provided by StockMarketWire.com

Related Company: JLIF

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