Featured Jobs
Intellectual Property Lawyer - Hong Kong - 2 to 4 years PQE -23/05/2012
Leading global firm seeks mid-level IP lawyer for its Hong Kong office.
Senior Energy Associate - Top US firm - Tokyo - 5+ years PQE -24/05/2012
Attractive opening for a senior level energy associate with this prestigious US firm.
*** NQ OPPORTUNITY *** -18/05/2012
We have a new opportunity with a top US firm at the moment. Our client is looking for an outstanding individual who is intelligent and willing to get exposure to restructuring and litigation matters.


UK Holdings-Northumbrian Water Takeover

US$7,700.00 m
  • Entry date - Monday, 19 September 2011
  • Jurisdiction - Hong Kong
  • Practice - M&A
  • UK Holdings-Northumbrian Water Takeover

  • Firm
    Ashurst
  • Client
    Financial advisors to consortium
  • Lead Lawyers
    Jane Fissenden, Tom Mercer
  • Role
    UK counsel to financial advisers
  • Firm
    Freshfields Bruckahus Deringer
  • Client
    Hong Kong consortium
  • Lead Lawyers
    Simon Weller
  • Role
    HK/US counsel to acquirer
  • Firm
    Hogan Lovells
  • Client
    Northumbrian Water
  • Lead Lawyers
    Steven Bryan
  • Role
    International counsel to target
  • Firm
    Mills & Reeve
  • Client
    Hong Kong consortium
  • Lead Lawyers
    Claire Clarke, Stephen Hamilton
  • Role
    UK counsel to acquirer


DEAL SUMMARY
·         $7.7 billion transaction involved the takeover of Northumbrian Water by UK Holdings, a vehicle owned by a consortium of three Hong Kong companies led by Hong Kong billionaire Li Ka-Shing’s Cheung Kong Infrastructure (CKI)

·         Mills & Reeve previously advised CKI on its $122 million sale of Cambridge Water to HSBC Holdings

·         Northumbrian Water is a longstanding client of Hogan Lovells, the firm advised on the company’s 2003 listings on the AIM and the London Stock Exchange


Did you work on this deal? Let us know and we'll add your details. Email us here.