Empresas ICA to buy CDPQ stake in Mexican toll roads

23 September 2020 - 12:00 am UTC

Empresas ICA is close to acquiring CDPQ’s stake in its Operadora de Vías Terrestres (OVT) toll road joint venture, said two sources familiar with the situation.

The deal will be a precursor to a subsequent sale of ICA’s stake in the four toll road-platform, as ICA has been negotiating the sale of its participation in OVT with fund manager Mexico Infrastructure Partners (MIP), the sources said.

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