White & Case Advises Angel Trains on its £3.6 Billion Sale
London,
June 20, 2008 ... Global law firm White & Case LLP has advised Angel Trains, a leading provider of railway rolling stock in both the UK and Continental Europe, on its sale by Royal Bank of Scotland to a consortium of investors for £3.6 billion. The consortium includes the Babcock & Brown European Infrastructure Fund, AMP Capital Investors, Deutsche Bank and funds advised by Access Capital Advisors. Completion of the sale is subject to regulatory approvals.
In the UK, Angel Trains is one of three rolling stock companies and provides approximately 4,100 passenger train vehicles and 280 freight locomotives to passenger and freight operators. In Continental Europe, Angel Trains has operations in 11 countries and provides approximately 240 locomotives and 180 passenger trains, locomotives and wagons in build.
The White & Case team advising Angel Trains was led by partner Peter Finlay, working closely with a team in London which included leasing partners Justin Benson and Adrian Beasley and associates Louise Mor, Sebastian Buss and Alison Weal; transportation partner Tom Winsor; corporate partner Philip Broke and associates Anthony Oates and Emilie Grim and tax partner Neil Woodgate and associate Jeremy Reynolds. Lawyers were also involved from White & Case's offices in Frankfurt, Brussels, Paris and Warsaw.
About White & CaseWhite & Case LLP is a leading global law firm with more than 2,300 lawyers in 37 offices in 25 countries. Our clients value the breadth and depth of our US, English and local law capabilities and rely on us for their complex cross-border commercial and financial transactions and for international arbitration and litigation. Whether in established or emerging markets, the hallmark of White & Case is our complete dedication to the business priorities and legal needs of our clients.
Contact: Sara McIlroy European Media Relations Mgr, White & Case 44 0 20 7532 2946
Alexandra Henderson Media Relations Executive, White & Case 44 0 20 7532 2848
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