GIC, Abertis Group to acquire 70% stake in Mexican toll road operator

GIC, Abertis Group to acquire 70% stake in Mexican toll road operator

Rush hour in Mexico City, Mexico. Photo: Pixabay

Singapore’s sovereign wealth fund, GIC, and Spanish toll road operator Abertis Group are acquiring a 70 per cent stake in Red de Carreteras de Occidente (RCO), one of Mexico’s largest toll road operators.