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Highway 407 could be worth up to $45 billion in a decade, and that's good news for SNC Lavalin

from Financial Post

SNC-Lavalin Group Inc.'s stake in a Southern Ontario toll road remains a "cash cow" for the company and will be a key component of its future growth and dividends over the next decade, according to analysts. "407 continues to be a value-generating monster for SNC," wrote National Bank Financial analyst Maxim Sytchev earlier this month. "In addition, with only 80 per cent of lane capacity in operation now, there is natural growth remaining over the foreseeable future." more


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