Shearman And Sterling

News June 11, 2020

Abertis’ and GIC’s Acquisition of Majority Stake in Red de Carreteras de Occidente

Shearman & Sterling advised Abertis Infraestructuras and Singapore-based institutional investor GIC in their acquisition of a 70 percent stake in Red de Carreteras de Occidente (RCO) from affiliates of Goldman Sachs Infrastructure Partners and an additional 2.3 percent stake held by local investors and pension fund managers (AFORES), minority shareholders in the company.

RCO is one of the main pure-play toll road operators in Mexico, and controls five concessionaires that manage a total of eight roads in the country.

The Shearman & Sterling team below also included associate Joshua Press.

The Team