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Press Release

December 21, 2016

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

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

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