Blackstone’s $4 Billion Nordic Real Estate Acquisition

White & Case LLP has advised Blackstone, the global private equity group, on its €3.8 billion (US$4 billion) recommended public tender offer for Sponda, a Helsinki-based real estate investment company specializing in office and retail properties in Finland’s largest cities.

Pending regulatory approvals, the transaction is expected to close in July 2017.

The White & Case team in Helsinki which advised on the transaction was led by partner Timo Airisto (Picture) and included partner Petri Avikainen and associates Heidi Hietanen, Alli Soralahti, Heidi Blomqvist, Sarianna Järviö and Krista Rekola.

 

Involved fees earner: Timo Airisto – White & Case; Petri Avikainen – White & Case; Heidi Hietanen – White & Case; Alli Soralahti – White & Case; Heidi Blomqvist – White & Case; Sarianna Järviö – White & Case; Krista Rekola – White & Case;

Law Firms: White & Case;

Clients: Blackstone;