B&C assists Britsh Columbia's £1bn bid for BBGI Global Infastructure

18/03/2025

We’re delighted to have helped BBGI Global Infrastructure and Boswell Holdings (a newly formed special limited partnership indirectly controlled by British Columbia Investment Management Corporation) on a recommended cash offer for BBGI. The offer values the entire issued and to be issued share capital of BBGI at approximately £1.062bn.

BBGI is a responsible infrastructure investment company and constituent of the FTSE 250 which invests in - and actively manages for the long-term - a globally diversified, low-risk portfolio of essential social infrastructure investments.

BCI is amongst the largest institutional investors in Canada, with C$250bn in gross assets under management. BCI manages a portfolio of diversified public and private market investments on behalf of its British Columbia public pension fund and institutional clients.

Grant Hodgkins, Senior Director of Infrastructure & Renewable Resources at BCI, said: "We believe BBGI will be a compelling and strategic addition to BCI's nfrastructure & renewable resources portfolio, with a diversified mix of international holdings across the transport, clean energy, healthcare, education and social infrastructure sectors. We see many opportunities to leverage our expertise, global relationships, and access to long-term capital, alongside BBGI's experienced management team and proven asset management strategies, to drive further growth and value creation across the BBGI portfolio."

Our thanks to the companies involved and our wonderful clients at legal advisors Weil.

If you’d like to find out how we can help ensure the success of your most important M&A projects, chat with us today: hello@blackandcallow.com

Back to News