22 May 2007 LAWFUEL – The Law Firm News Wire – Ashurst advised a consortium comprising Ontario Teachers’ Pension Plan Board and Victorian Funds Management Corporation in relation to its acquisition of a major stake in Birmingham International Airport.
The consortium, through acquisition vehicle Airport Group Investments Limited, will pay £420 million for a 48.25 per cent stake in Birmingham Airport Holdings Limited from Macquarie Airports Group Ltd and Aer Rianta International c.p.t., a subsidiary company of the Dublin Airport Authority.
The Ashurst corporate team was led by partner Eavan Saunders, assisted by Graeme Bell, Laurence Glynn and Richard Spencer. Director of Economics Mat Hughes with competition associate Luke Ainger, as well as tax associate Nicholas Gardner also advised.
