IFLR1000

CPPIB £675 million acquisition of 30% stake in BGL Group

23/11/2017
Private acquisition
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£ 675 million

$ 905 million

Announced

23/11/2017

Overview:

  • CPPIB has acquired a 30% stake in BGL Group for £675 million.
  • BHL will retain a majority stake.
  • The target company is a distributor of financial services and insurances.

Katrin Kostadinova - Data analyst 

Jurisdiction:

United Kingdom

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

England and Wales

Industry sector:

Investment management

Firms:
Freshfields Bruckhaus Deringer

Party: Canada Pension Plan Investment Board (Acquirer)

Lawyers: George Swan, Richard Thexton

Linklaters

Party: BGL Group (Target)

Lawyer: Iain Fenn

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