Global law firm Ashurst is advising RBC Europe Limited and PricewaterhouseCoopers LLP on the £1.062 billion takeover of BBGI Global Infrastructure S.A. by Boswell Holdings 3 S.C.Sp. ('Bidco'), which is a newly formed special limited partnership indirectly controlled by British Columbia Investment Management Corporation ('BCI').
BBGI is a responsible infrastructure investment company in the form of a public company limited by shares (société anonyme) qualifying as an investment company with variable capital (société d’investissement à capital variable) existing under the laws of Luxembourg. BBGI is a constituent of the FTSE 250 that invests in and actively manages for the long-term a globally diversified, low-risk portfolio of essential social infrastructure investments.
BCI manages a portfolio of diversified public and private market investments on behalf of its British Columbia public pension fund and institutional clients.
The Ashurst team is being led by corporate partner Tom Mercer, supported by senior associate Colin Bugler and associate Patrick Chambers. Luxembourg-based corporate partner Jean-Philippe Smeets is also advising.
