Bristol law firm Burges Salmon has advised the Competition Commission on the corporate aspects of the £807.2m sale of Edinburgh Airport.
The firm provided corporate law and transaction-specific advice to the Commission. Airport owner BAA, which operates the UK’s biggest airports including Heathrow and Stansted, has agreed to sell Edinburgh to an entity controlled by Global Infrastructure Partners (GIP) for £807.2m.
GIP owns Gatwick and London City airportsand is the world’s biggest infrastructure-focused fund. Its joint founding investors are Credit Suisse and General Electric. The takeover is expected to be completed by the end of May.
Burges Salmon’s team was led by partner Nick Graves and included Julie Book (corporate), Jennifer Myram (corporate), Uwe Nimscheck (outsourcing), Helen Scott-Lawler (outsourcing) and Matthew O'Regan (competition) who worked closely with the Commission’s in-house legal team.
Competition law advice was handled by the Competition Commission itself. BAA’s legal advisers were McGrigors while Slaughter and May acted for GIP.
Burges Salmon, which works with a number of major transport operators, advised the Competition Commission on its £1.51bn sale of Gatwick Airport to GIP in 2009.
