Vinci Airports, a renowned French company, is spearheading a £1.27 billion acquisition of Edinburgh Airport, with Paul Hastings and Weil Gotshal & Manges playing vital roles as legal advisors in the process. The airport operator will now own a 50% stake in the airport, according to a company statement revealed by Law.com. Jessamy Gallagher and Candice Lambeth, M&A partners of energy and infrastructure at Paul Hastings are leading the acquisition team, with the assistance of partners Stuart Rowson and Ally McKechnie. Additionally, valuable antitrust and ESG advice were provided by partners Jade-Alexandra Fearns and Ruth Knox respectively.
On the other hand, the remaining share of the airfield will be managed by Global Infrastructure Partners, suggesting an evenly distributed control of the airport between both firms.