Elvinger Hoss Prussen has advised British Columbia Investment Management Corporation (“BCI”) in an all-cash offer for BBGI Global Infrastructure S.A. (“BBGI”) valued at approximately €1.27. The transaction, which is subject to customary regulatory approvals, is expected to complete in the third quarter of 2025.
BBGI Global Infrastructure S.A., formerly known as BBGI SICAV, is a Luxembourg-based infrastructure investment company and constituent of the FTSE 250 that provides the responsible capital required to build and maintain the developed world’s transport and social infrastructure.
BCI is one of Canada’s largest institutional investors in Canada, with CAD $250 billion in gross assets under management as of 31 March 2024. The corporation manages a diversified portfolio of investments on behalf of its British Columbia public pension fund and other institutional clients.
The Elvinger Hoss team was led by partner Thierry Kauffman (corporate & capital markets) with support from counsel Clemens Thill and associate Nicolas Liban. Financing aspects of the transaction were led by partner Ana Bramao, supported by associate Emmeline Pireaux. Tax advice was provided by partner Nadège Le Gouellec and associate Matisse Lebrun. Regulatory aspects of the transaction were led by partner Benjamin Rossignon supported by associate Esra Aktas.
