Goldman Pays $380M For Piece Of Mexican Road Operator

Law360, Los Angeles (June 20, 2013, 7:48 PM EDT) -- Mexico's largest construction and infrastructure company reached an agreement Thursday to sell its 19 percent minority stake in a Mexican toll road operator to partner Goldman Sachs Group Inc. for $380 million, hoping to pay off its short-term debt. 

Empresas ICA SAB de CV said it expects to receive 5.07 billion pesos ($380 million) for its investment, which will now boost Goldman Sachs' majority stake in the toll road operator, Red de Carreteras de Occidente SAB de CV.

The transaction, which is subject to closing conditions...
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