IFLR1000

Canada Pension Plan Investment Board/Hermes Infrastructure £1.6 billion acquisition of stake in Associated British Ports

1/7/2015
Private acquisition
Select tab

£ 1.6 billion

$ 1.951 billion

Completed

1/7/2015

Overview:

  • Canada Pension Plan Investment Board (CPPIB) and Hermes Infrastructure has acquired a 33.33% stake in Associated British Ports (ABP) from GS Infrastructure Partners and Infracapital.
  • ABP owns and operates 21 ports in England, Scotland, and Wales.

Sam Duke - Editor

Jurisdiction:

United Kingdom

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Industry sector:

Transport

Firms:
Allen & Overy

Party: GS Infrastructure Partners (Seller)

Party: Infracapital (Seller)

Lawyer: Richard Evans

Clifford Chance

Party: Canada Pension Plan Investment Board (Acquirer)

Party: Hermes Infrastructure (Acquirer)

Macfarlanes

Party: Associated British Ports (Target)

Sullivan & Cromwell

Party: Canada Pension Plan Investment Board (Acquirer)

Lawyer: Ben Perry

Related deals