IFLR1000

Caisse de dépôt et placement du Québec/Hermes Infrastructure £585 million acquisition of 40% stake in Eurostar

5/3/2015
Public acquisition
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£ 585 million

$ 710.932 million

Completed

5/3/2015

Overview:

  • Caisse de dépôt et placement du Québec (CDPQ) and Hermes Infrastructure, have acquired 40% of Eurostar from HM Treasury (UK Government) for £585 million.
  • CDPQ and Hermes Infrastructure will own 30% and 10% of Eurostar respectively.
  • The deal is part of a wider strategy by the UK Government to raise funds through asset sales.

Sam Duke - Editor

Jurisdictions:

France
United Kingdom

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Transport

Firms:
Clifford Chance

Party: Caisse de dépôt et placement du Québec (Acquirer)

Party: Hermes Infrastructure (Acquirer)

CMS Cameron McKenna Nabarro Olswang

Party: Eurostar (Target)

Lawyer: Bill Carr

Freshfields Bruckhaus Deringer

Party: HM Treasury (Seller)

Lawyer: Stephen Hewes

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