Nabarro took the leading role on FTSE 250 investor John Laing Infrastructure Fund’s (JLIF’s) failed £1bn bid for Balfour Beatty’s public-private partnership (PPP) portfolio.
December 07, 2014 at 07:10 PM
1 minute read
The original version of this story was published on Legalweek
Nabarro took the leading role on FTSE 250 investor John Laing Infrastructure Fund’s (JLIF’s) failed £1bn bid for Balfour Beatty’s public-private partnership (PPP) portfolio.
JLIF, which is a FTSE 250 investor, offered around £1bn in cash in a non-binding proposal for Balfour Beatty’s investment arm. Balfour Beatty rejected the offer on Friday (5 December), finding that it fell “significantly short of its own view of the value of the portfolio”.
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