A Mayer Brown team advised Alberta Investment Management Corporation on its acquisition of 100 percent equity stake in Cando Rail & Terminals Ltd., one of North America's largest owners and operators of first and last mile rail infrastructure.

The transaction, which is subject to customary regulatory approvals, is expected to close in late Q3 or Q4 2022. Financial terms of the transaction were not disclosed.

The team was led by Banking & Finance partner Mae Rogers (New York) and Corporate & Securities partner Jason Wagenmaker (Chicago).