Norton Rose Fulbright has advised Mubadala Investment Company PJSC (Mubadala), the Abu Dhabi sovereign wealth fund, on the sale of its stake in Hyperoptic, to global investment firm KKR.
Hyperoptic is the UK’s largest and fastest-growing gigabit network provider and is active in more than 40 and cities. It delivers the country’s fastest broadband speeds of up to 1Gbps (1,000 megabits per second), which is over 18 times faster than the UK average. Hyperoptic is a leader in full fibre optic technology, delivering fibre-to-the-premises (FTTP).
The deal was led by London-based lawyer Mark Maurice, supervised by partner Mark Lloyd Williams.
Norton Rose Fulbright previously advised Mubadala on its initial investment in Hyperoptic in December 2018.
The firm’s global corporate, M&A and securities practice advises corporations and financial institutions across the full spectrum of industry matters including public takeovers, private M&A, joint ventures, disposals, debt and equity capital markets, governance, general commercial and corporate advisory matters. Norton Rose Fulbright is well-positioned to provide strategic, business-oriented legal advice on complex domestic, cross-border and multijurisdictional transactions in both emerging and developed markets.