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Spanish-Singaporean consortium buys Mexican motorway operator

Shutterstock.com/Ulrike Stein

Several Shearman & Sterling LLP offices and Mexican law firms Galicia Abogados and Creel, García-Cuéllar, Aiza y Enriquez SC have helped a consortium of Spanish toll road company Abertis and Singaporean sovereign wealth fund GIC buy a majority stake in Mexican motorway operator Red de Carreteras de Occidente (RCO) for over US$1.5 billion.