Taylor Wessing has secured a role advising airport operator HOCHTIEF Airport (HTA) on its $1.9bn (£1.3bn) acquisition of a controlling stake in Budapest Airport from BAA.

The top 50 UK law firm fielded a team under project finance partners Douglas Bell and Graham Wedlake advising HTA as leader of a consortium including Caisse de Depot et Placement du Quebec, KfW IPEX-Bank and GIC Special Investments.