Allstate (ALL) Tops Q1 EPS by 15c
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IFM Investors Welcomes New Partners into the Indiana Toll Road Concession
May 4, 2016 12:55 PM EDTNEW YORK--(BUSINESS WIRE)-- IFM Investors, on behalf of the IFM Global Infrastructure Fund (IFM GIF), today announced that it has completed the sale of a 10 percent interest in ITR Concession Company LLC (ITRCC) to the California Public Employees Retirement System (CalPERS), and an interest to Allstate.
ITRCC is party to a Concession and Lease Agreement between ITRCC and the Indiana Finance Authority (IFA), pursuant to which ITRCC operates and maintains the Indiana Toll Road (ITR), a 157-mile, limited access, divided highway in the state of Indiana. The road spans northern Indiana, from its border with Ohio to the Illinois state line... More
