Link Group advised on 44% interest in PEXA
Global law firm DLA Piper has advised Link Group in respect of the company’s interest of 44.18 per cent in PEXA.
Firm: DLA Piper (Link Group).
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Deal: Link Group has been advised on its 44.18 per cent interest in PEXA.
Value: Undisclosed.
Area: Corporate.
Key players: The DLA Piper team was led by corporate partners Grant Koch and Adrian Tan, together with partners James Stewart and Alex Regan, special counsel Roger Hawkins and solicitors Jake Thornton, Julia Krapeshlis and Kayla Stathis.
Deal significance: Link Group’s interest in PEXA concluded with the IPO of PEXA and its official listing on the ASX on 1 July.
“The IPO of PEXA marks a significant milestone in Link’s investment journey in PEXA,” said DLA Piper’s Australian head of corporate Mr Koch.
“Link made its initial investment in 2013, gradually increasing its stake with subsequent investment tranches before forming the consortium that successfully acquired 100 per cent of PEXA in 2019.
“We are delighted to have played a key part in the latest chapter of that journey, given our role acting for the consortium comprising Link Group, Commonwealth Bank of Australia and Morgan Stanley Infrastructure when it acquired PEXA in 2019.”