The consortium behind the world’s biggest toll road privatisation on Tuesday night pulled out of the deal, delivering a blow to efforts to bring further private-sector money into the US’s crumbling road system.
Pennsylvania Transportation Partners, led by Citigroup and Abertis, a Spanish toll road operator, pulled out of the deal to take a 75-year lease over the Pennsylvania Turnpike because of problems winning approval in the state legislature.

COMPANIES 


