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Conyers advises 3i Infrastructure plc on its US$512 million acquisition of Global Cloud Xchange

Conyers advised 3i Infrastructure plc (“3i Infrastructure”) on the Bermuda law aspects of its agreement to acquire Global Cloud Xchange (“GCX”) for approximately US$512 million, announced on 17 November 2021.

GCX is a leading global data communications service provider. It owns one of the world’s largest private subsea fibre optic networks spanning 46 countries and servicing a range of blue-chip customers including hyperscalers, telecommunications operators, new media providers and enterprises.

3i Infrastructure (LSE: 3IN) is a FTSE 250 investment company with a focus on infrastructure in Europe and North America.

Completion of the acquisition is subject to the satisfaction of regulatory closing conditions and is expected to take place late in mid-2022.

Director Jason Piney led the Conyers’ Bermuda team together with Associates Karoline Tauschke (London), Sophia Collis (London) and Kathleen McBeath, working alongside Allen & Overy’s London office.

 


Jason Piney
Director

Bermuda   +1 441 299 4993



Sophia Collis
Associate

London   +44 (0)207 562 0345


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