(Reuters) - Infrastructure service provider Ventia said on Monday it will buy Broadspectrum from Spanish infrastructure company Ferrovial SA <FER.MC> for A$485 million ($335 million).
Ventia, a joint partnership of CIMIC Group <CIM.AX> and private equity firm Apollo Global Management <APO.N>, said the combined company will likely make revenue of more than A$5 billion.
Broadspectrum was founded in Australia and operates major assets from airports to housing.
(Reporting by Nikhil Kurian Nainan in Bengaluru)
