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Walkers advises GLP and GLP Capital on US$3.7 billion sale

Oct 15, 2024

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A man in a business suit signing a legal contract.

Walkers is advising GLP Capital Partners Limited as its Cayman Islands legal counsel on the announced sale of its international business and certain of its affiliates, excluding its operations in Greater China (“GCP International”), and existing capital commitments to certain managed funds to Ares Management Corporation in a cash and shares transaction valued at US$3.7 billion.

The transaction will complete following a separation of GCP International from GLP Capital Partners’ remaining business, which will remain independent and headquartered in Singapore with a focus on investing in Greater China. The acquisition is expected to close in the first half of 2025 subject to customary regulatory approvals and other closing conditions.

The Walkers team includes M&A and investment funds partner James Twigg and counsel Michael Kenny, finance partner Shirleen Tan and senior associate Natalie Carter, and regulatory counsel Marco Lam. Walkers is acting alongside GLP Capital Partners' lead counsel, Kirkland & Ellis. 
 

MEDIA CONTACT

Shana Ray

Head of Business Development - Asia and Middle East

T/+852 2596 3302
M/+852 9030 6084
E/Email Shana Ray

Key Contacts

Get in touch with our team

James Twigg
James Twigg

James Twigg

Partner

Singapore

T

+65 6603 1699

M

+65 8511 8868

E

Email James Twigg
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Shirleen Tan
Shirleen Tan

Shirleen Tan

Partner

Singapore

T

+65 6603 1665

M

+65 8869 2679

E

Email Shirleen Tan
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Michael Kenny
Michael Kenny

Michael Kenny

Counsel

Singapore

T

+65 6595 4490

M

+65 8498 4120

E

Email Michael Kenny
View profile
Natalie Carter

Natalie Carter

Senior Associate

Singapore

T

+65 6595 4498

M

+65 9664 0955

E

Email Natalie Carter
View profile

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