PropertyEU

Vinci, Fortis to create the world's largest parking manager

By A staff reporter 2008-03-07T00:00:00

Vinci and Fortis Bank have signed a memorandum of understanding to merge their public parking businesses. The deal involves the parking lots managed by Vinci Park, a unit of Vinci Concessions, and Interparking, part of Fortis Real Estate. Both parties would hold a stake in the new company, with Vinci ...

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