John Laing presented the scheme document for its acquisition
John Laing Group plc (John Laing) has published a Scheme Document, that contains the complete terms and conditions of the company's acquisition by KKR and Equitix.
On May 19, 2021, John Laing and Aqueduct Bidco (Bidco) announced that they had reached an agreement on the terms of Bidco's recommended cash acquisition of all issued and to be issued ordinary share capital of John Laing. Bidco is a newly formed company owned by KKR and its affiliates.
According to the document, the Scheme is expected to become effective in the third or early fourth quarter of 2021, following the approval of John Laing Shareholders at the Court Meeting, the passing of the Special Resolution at the John Laing General Meeting and the subsequent sanction of the Court.
Country updates
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June 08, 2021
RFEOI launched for St Annes Town masterplan
Fylde Council in St Annes, UK has launched a request for expression of interest (RFEOI) seeking a technical consultant for the St Annes Town Center masterplan project. The consultant will help the aut...
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June 07, 2021
Preferred bidder selected for USD2.12 billion Campus innovation project in UK
The University of Manchester has announced Bruntwood SciTech, the UK's property provider, as a preferred bidder to deliver the ID Manchester PPP project.
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May 31, 2021
JLEN sings agreement with Revolving Credit Facility
JLEN has signed a new three-year facilities agreement that provides for a committed multicurrency revolving credit facility (RCF) of GBP 170 million (US$ 240 million) and an uncommitted accordion faci...
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May 31, 2021
Final close achieved for DIF Core Infrastructure Fund II
DIF Capital Partners (DIF) has announced the final close of DIF Core Infrastructure Fund II (DIF CIF II) at EUR1.012 billion (US$1.23 billion), exceeding its EUR1 billion (US$1.21 billion) target...
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May 31, 2021
RFI launched seeking technical consultant for East-West Rail in England
East-West Railway Company in the UK has launched a request for information (RFI) seeking to procure a strategic Geospatial/Visualisation solution. The technical consultant will be responsible for...
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