Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
| Deal Date: | 03-04-2017 | Practice Area: | Project Finance and Infrastructure |
| Deal Title: | INEOS Acquisition of the Forties Pipeline System | Industry: | Oil & Gas Producers |
| Description: |
Slaughter and May advised INEOS in connection with its proposed acquisition of the Forties Pipeline System and associated pipelines and facilities from BP. Under the terms of the agreement INEOS was to pay BP a consideration of up to USD250 million for the business, comprising a cash payment of USD125 million on completion and an earn-out arrangement over seven years that could total USD125 million.
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| Financial Center: | London | Value: | 100.01-500.00 |
| Advised Party: | Purchaser | Law Firm | Slaughter and May |
| Assets Jurisdiction | United Kingdom | Purchaser Jurisdiction | United Kingdom |
| Classification: |
Transfer of Infrastructure Assets Oil & Gas Assets |
Lawyer | Hywel Davies |
