Mayer Brown and Debevoise & Plimpton have bagged lead roles on the $12.8bn (£6.58bn) privatisation of the Pennsylvania Turnpike, one of the busiest toll roads in the US, writes The American Lawyer.
Mayer Brown acted alongside Philadelphia firm Ballard Spahr Andrews & Ingersoll for the state of Pennsylvania, while Debevoise advised the top bidder, a consortium comprising Spanish toll operator Abertis Infraestructuras, Barcelona-based investment firm and Abertis shareholder Criteria CaixaCorp and Citigroup’s Citi Infrastructure Investors.
