International consortium approaches RCO acquisition financial close

28 May 2020 - 12:00 am UTC

Abertis and GIC are nearing financial close on the acquisition of 70% of Mexican highway network Red de Carreteras de Occidente (RCO), said a source close and two sources familiar with the situation.

An Abertis spokesperson said the transaction was close to closing, which would be in line with Abertis’ estimation that the deal would reach financial close in 1H20.

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