Shearman & Sterling represented IG4 Capital Infrastructure Investments, an investment vehicle jointly owned by entities affiliated with IG4 Capital, in connection with its cash tender offer for 12.29 percent of the common shares, including common shares represented by American Depositary Shares, of Aenza S.A.A.

IG4 Capital Infrastructure Investments accepted for payment 107,198,601 common shares, including common shares represented by American Depositary Shares., for a combined aggregate consideration of $49.2 million, excluding fees and expenses.

Aenza S.A.A is the largest engineering and construction company in Peru as measured by revenues during 2019, and one of the largest publicly traded engineering and construction companies in Latin America as measured by market capitalization as of December 31, 2019, with strong complementary businesses in infrastructure and real estate. The company has a long track record of successfully completing the engineering and construction of many of Peru’s landmark private and public-sector infrastructure projects, such as the Lima International Airport and the Peru LNG gas liquefaction plant.

The Team