Conyers Dill & Pearman has advised Cinven on its sale of the Ufinet Group (“Ufinet”), a leading independent fibre network operator. Under the terms of the transaction, the Spanish business of Ufinet will be acquired by a consortium formed by Antin Infrastructure Partners and the international business will be acquired by Cinven’s Sixth Fund. The sale will generate over €1.1 billion of capital gain for Cinven’s Fifth Fund, with completion expected in July 2018.
Anton Goldstein of Conyers’ BVI office advised on the transaction alongside the London and Madrid offices of Freshfields Bruckhaus Deringer.
