Ashurst, Freshfields and Hogan Lovells lead on £2.4bn sale of Northumbrian Water
Ashurst, Freshfields Bruckhaus Deringer and Hogan Lovells were all acting on Northumbrian Water’s £2.4bn cash sale to a Hong Kong consortium controlled by billionaire Li Ka-Shing. Northumbrian Water approved the deal today, with shareholders set to receive 465p a share. Freshfields is advising the consortium, UK Water, which is controlled by Li’s Cheung Kong Infrastructure […]