London – LAWFUEL – The Law & Business Newswire – Allen & Overy LLP is advising two Macquarie-managed infrastructure funds, Macquarie European Infrastructure Fund II and Macquarie Communications Infrastructure Group, on the 100 per cent acquisition of Airwave O2 Limited (Airwave), the UK’s public safety communications network from Telefónica S.A. for GBP1.9 billion. MEIF II and MCIG will each own 50 per cent of Airwave.
The Allen & Overy team is being led by Corporate partners Alan Paul and Ian Lopez, assisted by Tom Levine, Justin Grove and Jo Nichols. Leveraged Finance partner Andrew Bamber, assisted by Anna Waters and Daniel Finch, Tax partner Patrick Mears, assisted by Kate Skinner, and Anti-trust partners Mark Friend and Antonio Bavasso, assisted by Cerry Darbon, are also advising on the transaction.