26 Apr 2012 | 11:16 am |
International law firm Pinsent Masons has advised BAA on the sale of Edinburgh Airport in a deal reported to be worth over £807m.
Global Infrastructure Partners, the independent fund that invests in infrastructure assets worldwide, was the successful bidder, beating off stiff competition from a number of other parties.
The team was led by Manchester-based Projects partner Nick Ogden, Glasgow-based Corporate partner Kevin Devanny and Belfast-based Corporate partner Richard Gray.
Nick Ogden says:
"We are delighted to have acted for BAA on this matter. Edinburgh Airport is a prize asset with a proven income stream, so demand was understandably high. By running multiple, concurrent bids from across our network of UK offices, we hope we have played our part in ensuring that our client and its shareholders obtained the best possible outcome in this transaction."
The firm has a strong track-record in the sale of infrastructure assets. In 2011 lawyers at the firm advised on the sale of Forth Ports to Arcus Infrastructure Partners, while in previous years the team acted on the disposal of Exeter City airport and Ferrovial's sale of Belfast City Airport Limited in a £132.5million deal.
International law firm Pinsent Masons has advised global energy company BP on its investment in energy management tech specialist R&B
Pinsent Masons continues to expand its Competition, EU & Trade Group, with the appointment of competition law specialist, Prof. Dr. Hans Jürgen Meyer-Lindemann, as a partner in the Düsseldorf office.
International law firm Pinsent Masons has advised HZI on the development of the A$511 million East Rockingham Resource Recovery Facility in Western Australia
International law firm Pinsent Masons has further enhanced its commercial litigation, regulatory and tax litigation practice with the appointment of Andrew Sackey as a contentious tax partner in its London office. Andrew will work with clients across each of the firm's five key global sectors – Energy, Infrastructure, Financial Services, Real Estate and Advanced Manufacturing & Technology.
Two out of three voters believe business should 'make its voice heard' on the choices facing the UK electorate as the general election approaches.
International law firm Pinsent Masons has appointed Ian Laing to lead its global infrastructure team.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]