London team advises Morgan Stanley on Brookfield’s £2.2 billion offer for Network International

Global law firm Norton Rose Fulbright is advising Morgan Stanley & Co. International plc (Morgan Stanley) as financial adviser to BCP VI Neptune Bidco Holdings Limited (Bidco), an entity indirectly owned by Brookfield Business Partners together with private equity funds managed and/or advised by affiliates of Brookfield Asset Management Ltd (Brookfield), on its £2.2 billion recommended cash offer for Network International Holdings Plc (Network International). Under the terms of the offer, Network International’s shareholders will receive 400 pence per share in cash.

 Network International is a leading enabler of digital commerce business across the Middle East and Africa, operating in more than 50 countries, and provides a full suite of technology-enabled payments solutions to merchants and financial institutions of all types and sizes, including acquiring and processing services and a comprehensive range of value-added services.

Brookfield is a leading global alternative asset manager with more than US$825 billion of assets under management across real estate, infrastructure, renewable power, private equity and credit sectors.  Brookfield owns and operates long-life assets and businesses, many of which form the backbone of the global economy. Utilising its global reach, access to large-scale capital and operational expertise, Brookfield offers a range of alternative investment products to investors around the world – including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. Brookfield’s private equity strategy focuses on acquiring high-quality businesses that provide essential products and services. It brings many years’ experience of partnering to enhance businesses operationally, creating long-term sustainable value and working positively with stakeholders.

The London-based Norton Rose Fulbright team is being led by corporate partners Paul Whitelock and Kit McCarthy, alongside banking partner James Dunnett, with support from corporate associates Katherine Qiu and Ashleigh Lister, and banking counsel James Tong.