Abertis and GIC Acquire 70% Stake in Red de Carreteras de Occidente in Mexico

Posted on 10/13/2019


Disclosed on October 11, 2019, Atlantia’s Spanish unit Abertis Infraestructuras signed an agreement to pay 1.5 billion EUR for a 50.1% majority stake in Red de Carreteras de Occidente (RCO), a Mexican toll operator. Under this transaction, Abertis is taking a 50.1% stake in RCO, Singapore’s GIC Private Limited is taking a 19.9% stake. The […]