Transurban has reached an agreement with Macquarie Infrastructure Partners to acquire 100% of the equity interests in the A25 toll road and bridge in Montreal, Canada. The transaction value is CAD840 million (US$612.8 million) plus transaction costs of CAD18 million (US$13.1 million).

The A25 is a 7.2km toll road and bridge connecting Northern Montreal across the Rivière des Prairies to commercial and residential areas. It opened in May 2011 with a concession to September 2042. Transurban will assume responsibility for the management and operations of the A25 after financial close, which is targeted for Q4 FY18 and is dependent on Investment Canada Act approval.