King & Wood Mallesons has advised Goodman Hong Kong Logistics Fund (GHKLF) on its co-ownership agreement with container terminal operator DP World.
The transaction will gives GHKLF a 25 percent ownership stake – or the equivalent of $450 million – in the ATL Logistics Centre Hong Kong, as well as CSX World Terminals Hong Kong. King & Wood Mallesons also advised on a related $300 million capital raising from GHKLF’s investors.
Hong Kong-based partner Hayden Flinn and counsel Matt Egerton-Warburton led the King & Wood Mallesons team on the transaction, and were assisted by partner Paul McBride.
The deal is expected to close within the next three months.
Kanishk Verghese is North Asia journalist at ALB. Follow us on Twitter: @ALB_Magazine.
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