Source: ITR Concession Co.
CalPERS is now an investor in the Indiana Toll Road, which carries on average 50 million vehicles annually.
German construction company Hochtief has confirmed a takeover bid for Spanish toll road operator Abertis.
The bid, made at 18.76 euros per share, equates to a total of 17.1 billion euros ($20.1 billion).
It rivals an earlier offer of 16.3 billion euros from Italian firm Atlantia.
Hochtief says it will issue 24.79 million new shares to help fund any takeover.
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