Herbert Smith, DLA lead on £5.8bn EDF sale to Hong Kong billionaire
Herbert Smith and DLA Piper have scored lead roles on EDF's £5.8bn sale of its UK electricity networks business to Cheung Kong Infrastructure (CKI), a company led by Hong Kong billionaire Li Ka-shing. DLA Piper advised CKI, which outbid a consortium of Macquarie of Australia, the Abu Dhabi Investment Authority, and Canada Pension Plan. The firm fielded a team led by London-based corporate partners Jon Hayes and Kiran Sharma.
Herbert Smith and DLA Piper have scored lead roles on EDF’s £5.8bn sale of its UK electricity networks business to Cheung Kong Infrastructure (CKI), a company led by Hong Kong billionaire Li Ka-shing.
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