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Freshfields advises EQT Infrastructure in relation to its entering into exclusive negotiations for the sale of 50% of its stake in SAUR to PGGM and DIF Capital Partners

Freshfields Bruckhaus Deringer ('Freshfields') is advising EQT Infrastructure in relation to its entering into exclusive negotiations to sell 50 per cent of its stake in Saur to a consortium composed of global infrastructure fund manager DIF Capital Partners and the Dutch pension fund service provider PGGM.

Headquartered in France, Saur is a leading innovator and service provider in the global water sector, working alongside thousands of municipalities across the globe to deliver drinking water and collect wastewater for more than 20 million people.

The transaction is subject to customary regulatory conditions and approvals and is expected to close in Q2 2023.

Freshfields is advising EQT Infrastructure on corporate aspects of the transaction, with a team in Paris led by partner Guy Benda, senior associate Simon Dievart and associates Manon Serrus, Kamil Zizi, Samvel Der Arsenian and Amélie Saurel; partner Pascal Cuche, counsel Tanguy Bardet, senior associate Louise Bragard and associate Léa Hirschi advise on the regulatory aspects; partner Gwen Senlanne, with senior associate Sarah Bassis, and associate Léna Gonzalez advise on employment law aspects; partner Dimitri Lecat, with associate Béatrice Collette advise on compliance aspects and senior associate Alix Murat on litigation aspects; partner Jérôme Philippe, counsel Petya Katsarska and senior associate Sofia Bekkali are advising on certain antitrust aspects.

A Freshfields team in Milan led by partner Luigi Verga with senior associates Barbara Degli Esposti and Federico Ferrari advise on Italian corporate aspects; Partner Gian Luca Zampa with counsel, Alessandro di Gio, advise on FDI aspects; counsel Lorenzo Fusco with associates Giovanni Fabris and Matteo Tola advise on employment law aspects; counsel Federico Mercuri are advising on litigation aspects.

A Freshfields team in Amsterdam, led by corporate partner Alexander Doorman with senior associate Evelyn Bradley and associate Maxine Lemstra advise on Dutch corporate aspects; Partner Brechje Nollen with associate Veere Everard are advising on Dutch employment aspects.

A Freshfields team in London, led by partner Richard Thexton with associate Konrad Stilin are advising on UK corporate aspects.

A Freshfields team in Madrid, led by partner Alfonso De Marcos with associate Javier Gonzalez, are advising on Spanish corporate aspects.

A Freshfields team in Riyadh, led by partner Fares Al-Hejailan with associate Stephen Hutton are advising on MENA corporate aspects.