PRESS RELEASE
6 February 2020

Ogier Advises Consortium On Financing Of $3.4 Billion Take Private Of Inmarsat

O
Ogier

Contributor

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Ogier provides legal advice on BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg law. Our network of locations also includes Beijing, Hong Kong, London, Shanghai, Singapore and Tokyo. Legal services for the corporate and financial sectors form the core of our business, principally in the areas of banking and finance, corporate, investment funds, dispute resolution, private equity and private wealth. We also have strong practices in the areas of employee benefits and incentives, employment law, regulatory, restructuring and corporate recovery and property. Our corporate administration business, Ogier Global, works closely with Ogier's partner-led legal teams to incorporate and administer a wide variety of vehicles, offering clients integrated legal and corporate administration services. We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients.
Ogier has advised a consortium consisting of Apax, Warburg Pincus, Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan, ...
Guernsey

Ogier has advised a consortium consisting of Apax, Warburg Pincus, Canada Pension Plan Investment Board and Ontario Teachers' Pension Plan, on the Guernsey and Luxembourg financing aspects of the $3.4 billion take private of Inmarsat.

The take private of Inmarsat, the British satellite communications group, was announced on 25 March 2019. It comprised a cash consideration of US$7.21 per share, valuing Inmarsat at approximately $3.4 billion, which is equivalent to £2.6 billion based on the Announcement Exchange Rate.

Ogier's Guernsey team included partner Christopher Jones, managing associate Paul Chanter and associate Jonathan Branch, who advised on Guernsey law aspects of the transaction.

Christopher said: "It was a pleasure, as ever, to work with the Kirkland & Ellis team on this complex and significant transaction for our consortium clients."

Ogier's Luxembourg team included partner Laurent Thailly, counsel Nicolas Mille, senior associate Sarah Verlende and associate Caleb Holder, who advised on Luxembourg aspects of the transaction.

Laurent Thailly said: "We are delighted to have worked with Kirkland & Ellis and our Guernsey colleagues to see this important deal through to completion. It has once again allowed Ogier to demonstrate its commitment to significant players in the private equity space."

Contributor

Ogier  logo
Ogier provides legal advice on BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg law. Our network of locations also includes Beijing, Hong Kong, London, Shanghai, Singapore and Tokyo. Legal services for the corporate and financial sectors form the core of our business, principally in the areas of banking and finance, corporate, investment funds, dispute resolution, private equity and private wealth. We also have strong practices in the areas of employee benefits and incentives, employment law, regulatory, restructuring and corporate recovery and property. Our corporate administration business, Ogier Global, works closely with Ogier's partner-led legal teams to incorporate and administer a wide variety of vehicles, offering clients integrated legal and corporate administration services. We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients.

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