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First State Investments/Hermes Investment Management’s €1.7 billion acquisition of Scandlines

26/3/2018
Private acquisition
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€ 1.7 billion

$ 2.1 billion

Announced

26/3/2018

Overview:

  • First State Investments and Hermes Investment Management have acquired Scandlines for €1.7 billion.
  • Separately, 3i has reinvested into Scandlines  so that the company will own a 35% stake together with First State Investments, which owns 50.1% and Hermes Investment Management that owns 14.9%.
  • Scandlines is a ferry operator.

Katrin Kostadinova - Data analyst

Jurisdictions:

Denmark
Germany

Deal type:

Private acquisition

Practice area:

M&A

Governing laws:

Denmark
Germany

Industry sector:

Investment management

Firm:
Baker McKenzie

Party: First State Investments (Acquirer)

Party: Hermes Investment Management (Acquirer)

Lawyer: Jon Marcus Meese

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