BUSINESSTHE RIO TIMES
Brazil Toll Operator Arteris Loses Half Its Traffic
Brazilian toll operator Arteris lost concessions for the Fernão Dias (BR-381) and Régis Bittencourt (BR-116/SP-PR) highways in government auctions, resulting in the loss of roughly half its total traffic and annual EBITDA. Motiva and EPR won the auctions with toll discounts of 17.05% and unspecified terms, respectively.
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