After successfully completing the transfer of a first tranche of shares to the combined platform by mid-2022, PHR has acted as Colombian local counsel to Odinsa S.A., in the transfer of a second and final transfer of its remaining shares in Concesión Vial de los Llanos S.A.S. to the investment platform for toll road assets created by Odinsa S.A. and Macquarie Asset Management (MAM). The transferred shares represented forty-one percent (41%) of the subscribed capital of Concesión Vial de los Llanos S.A.S. With the acquisition of Odinsa’s shares, the investment platform became the owner of ninety-two percent (92%) of the shares of Concesión Vial de los Llanos S.A.S. strengthening its participation in toll road projects in Colombia. DEAL VALUE:
ANNOUNCEMENT/SIGNING DATE:
Wednesday, June 22, 2022
CLOSING DATE:
Friday, March 31, 2023 Cross-border matter:
New York/Colombia Stake in Colombia:
LEGAL ADVISORS
COUNSEL TO ODINSA
Willkie, Farr & Gallagher LLP
Odinsa’s In-house Counsel
Leading
María José Ramírez, Margarita Meyer and Eduardo Bettin
Posse Herrera Ruiz
Leading Partner and Other Partners involved:
Gabriel A. Sánchez, Mariana Posse and Cristina Vásquez Other Lawyers
Catalina Noreña, Julián Aguirre, Alejandro Ávila, Manuela Jaramillo, Catalina Posada and Felipe Arroyave.
COUNSEL TO MACQUARIE INFRASTRUCTURE AND REAL ASSETS AND MIP V INTERNATIONAL AIV, L.P.
Gibson, Dunn & Crutcher LLP
DLA Piper Martínez Beltrán
Leading Partner(s)
Felipe Quintero Serrano
Other Lawyers
María José Rocha, Paula Toro, Carlos Guzmán and Juan Pablo Fernández López
