Milbank LLP acted as counsel for GIC Special Investment Pte. Ltd.
Milbank LLP acted as counsel for GIC Special Investment Pte. Ltd. (“GIC”) in connection with its joint acquisition with Abertis Infraestructuras, S.A. (“Abertis”) of an approximate 70 percent stake in Red de Carreteras de Occidente S.A.B. de C.V. (“RCO”) from Goldman Sachs Infrastructure Partners and its affiliates. A consortium formed by GIC and Abertis will carry out the acquisition through a tender offer. Under the deal Abertis will take a 50.1% stake while GIC, already an Atlantia shareholder, will acquire the remaining 19.9%. The transaction is expected to close in the first half of 2020.
RCO is an integrated operator and developer of infrastructure and the largest privately owned pure-play toll road concessionaire and operator in Mexico.
The Milbank team was led by John Franchini (Picture), Aaron Stine and Alex Wang.
Law Firms: Milbank;
Clients: Gic Special Investments;