Simpson Thacher is representing affiliates of KKR in connection with their recommended offer to acquire the entire issued and to be issued share capital of John Laing Group plc (“John Laing”), which was announced on May 19, 2021, at 403 pence per share. The offer values John Laing’s share capital at £2 billion on a fully diluted basis. The transaction is expected to be completed by way of scheme of arrangement, subject to the approval of John Laing shareholders and the receipt of regulatory clearances.
John Laing is admitted to trading on the Main Market of the London Stock Exchange and is a leading international investor which develops and owns mid-market infrastructure assets across the U.K. & Europe, North America, Latin America and Australia.
The Simpson Thacher team includes Amy Mahon, Clare Gaskell, Jiaying Zhang, Alexander Yeagley and Laura Harris (Corporate); Jia Meng and Antonia George (Credit); Yash Rupal, Meredith Jones, Joseph Tootle, Beatriz Capeloa Gil and Ellie Verran (Tax); Étienne Renaudeau, Pauline Patat and Sandeep Mahandru (Antitrust); Mick Tuesley, Mark Skerry and Samantha Sergent (Regulatory); and David J. Greene, Deborah Gruen and David Park (Funds).