Baker McKenzie Client Obrascon Huarte Lain, S.A. Divests Stake in Centre Hospitalier de L'Université de Montréal

Baker McKenzie is advising Spanish multinational construction and civil engineering company, Obrascon Huarte Lain, S.A. (OHLA), in the CAD 81.7 million sale of its 25% stake in the Centre Hospitalier de L'Université de Montréal (CHUM) public-private partnership (PPP) project to John Laing Group. The divestment of this non-core asset is part of the company’s deleveraging strategy.

Led by transactional partner Nancy Hamzo, the Baker McKenzie team advising OHLA included partner Andrew Morreale and associates Jackie Valeriati and Milinda Yimesghen.

Baker McKenzie's transactional lawyers have a long track record of helping multinational companies throughout the entire lifecycle of their divestitures. The team's global, local and technical sector knowledge, coupled with their ability to work seamlessly across each of the countries in which the Firm operates, means that they add unique value in shaping, negotiating and closing deals. The group represents issuers, investment banks, financial sponsors, selling shareholders and other market participants across the full spectrum of equity, debt and public and private market solutions, including complex, multi-jurisdictional acquisitions and divestitures.