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King & Spalding Advises Aldersgate Investments on £2.4 Billion Global Switch Transaction


21 Dec 2016
PRESS RELEASE

LONDON, Dec 21, 2016 – King & Spalding represented Aldersgate Investments Limited, a Reuben Brothers company, on the sale of an interest in leading data centre company Global Switch to a new strategic investor, Elegant Jubilee Limited.

Elegant Jubilee, a consortium of high quality, private sector Chinese corporate and institutional investors, has made a strategic investment into Global Switch to give them joint control of the company alongside Aldersgate Investments. The consortium is paying a cash consideration of £2.4 billion for the 49% stake.

More information on the deal can be found here.

King & Spalding’s London office represented Aldersgate Investments on the transaction. The team was led by corporate partner William Charnley and counsel Marcus Young. Other London lawyers involved include partner Hywel Jones, senior associate Ilan Kotkis and associate Kelly Nash (corporate), partner Jules Quinn and counsel Kim Roberts (employment), partner Elisabeth Baltay and associate Emily Pittman (finance), partner Daniel Friel (tax) and partner Nigel Heilpern (real estate).

About King & Spalding

Celebrating more than 130 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with more than 900 lawyers in 18 offices in the United States, Europe, the Middle East and Asia. The firm has handled matters in over 160 countries on six continents and is consistently recognized for the results it obtains, uncompromising commitment to quality, and dedication to understanding the business and culture of its clients. More information is available at www.kslaw.com.

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