Mayer Brown and Philadelphia firm Ballard Spahr Andrews & Ingersoll are advising the state of Pennsylvania on a $12.8 billion binding privatization bid for the Pennsylvania Turnpike.

Gov. Edward Rendell announced Monday the top bid by Spanish toll operator Abertis Infraestructuras, Barcelona-based investment firm and Abertis shareholder Criteria CaixaCorp, and Citigroup’s Citi Infrastructure Investors.

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