Clifford Chance (CC) and Travers Smith have scooped key roles in Australian bank Macquarie’s £2.6bn bid to acquire the UK’s largest ports group, Associated British Ports (ABP).

CC, led by corporate partner Ian Bagshaw, is advising the Macquarie-led consortium, which includes the UK’s 3i, Canada Pension Plan Investment Board, and Australia’s Industry Funds Management. Travers Smith is advising 3i.