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 joined the ODI’s Commercial Partnership Programme. The legal firm joins existing partners including, Arup, Co-op, Deutsche Bank, and Refinitiv: a peer group of forward-thinking organisations who share a common vision of a collaborative and open future.
Pinsent Masons has hired real estate expert Denis Charles, as partner in its Paris office.
HMRC made 540 requests to overseas authorities for information on UK taxpayers last year, an increase of 24% on the previous year, as it intensifies its crackdown on hidden offshore assets, says Pinsent Masons, the international law firm.
International law firm Pinsent Masons is pleased to announce that Finance & Projects partner, Jim Hunwick, is joining the firm's Australia practice in Sydney.
International law firm Pinsent Masons has appointed Catherine Workman as Head of Middle East.
International law firm Pinsent Masons has advised China Education on the AU$128m acquisition of King's Own Institute in Australia.
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