Project Overview

Railway station assets successfully divested to infrastructure fund.

Key details

In 2017 John Laing successfully divested its equity and shareholding in three rail assets to an infrastructure fund at a premium to their internal net asset value. The approach required satisfactory resolution of key residual residual construction and commercial issues with the original contractors, to ensure the assets were in good condition prior to commencement of the divestment process.

Team involved / roles

Tony Cahill:   Led the divestment process, which required coordination and management of legal, technical and financial specialists to develop a fully comprehensive suite of due diligence material to be shared with purchasers. There were several complex technical matters that required resolution prior to divestment, which Tony oversaw to satisfactory conclusion to enable a successful divestment outcome.