selling tollroads

Cintra the Spain based concessionaire with major investments in north American tollroads has put its Chilean pikes and car parks up for sale, according to European reports. Cintra's stock price has been heading steadily downward since a high of over E12 in March 2007 to under E6 recently. This probably reflects a downgrading of the company's toll revenue prospects in the next few years plus the general sell-off of stocks.