Equitix And Dalmore’s Proposed Acquisition Of A Stake In Cross London Trains From 3i Infrastructure

Clifford Chance is advising a consortium comprising funds advised by Dalmore Capital and Equitix Investment Management, on its proposed purchase of a 33.33% stake in Cross London Trains Holdco 2 Limited (XLT) from 3i Infrastructure Plc.

Established in 2011, XLT is one of the largest single rolling stock fleets in the UK, which owns and maintains 115 Siemens Desiro City Class 700 trains for the Thameslink passenger rail franchise.

The Clifford Chance team is led by London based Partners Nicholas Rees (Picture) and Ranbir Hunjan, who were supported by Infrastructure Partner Michael Pearson and Senior Associates Dominic Watts and James Lloyd-Thomas.

Involved fees earner: Ranbir Hunjan – Clifford Chance; James Lloyd-Thomas – Clifford Chance; Michael Pearson – Clifford Chance; Nicholas Rees – Clifford Chance; Dominic Watts – Clifford Chance;

Law Firms: Clifford Chance;

Clients: Dalmore Capital; Equitix;