Back

Kirkland Advises Blackstone Credit on Altus’ Combination With CBRE Acquisition Holdings

Kirkland & Ellis counseled Blackstone Credit, a preferred and common investor in Altus Power, Inc., a market-leading clean electrification company, on Altus’ business combination with CBRE Acquisition Holdings, Inc. (NYSE: CBAH) that would result in Altus Power becoming a public company listed on the New York Stock Exchange under the new ticker symbol “AMPS.” CBAH is a special-purpose acquisition company (SPAC) sponsored by CBRE Group, Inc., the world’s largest commercial real estate services firm. The transaction implies pro forma equity value of the combined company of $1.58 billion at the $10 per share price in the transaction.

LEGAL DESIRE NEWSLETTER

Where the legal industry reads first.

Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.

No spam. Unsubscribe anytime.
Legal Desire
https://legaldesire.com/about-us/
Legal Desire Media and Insights is a leading legal news and insights platform founded in 2012 by Anuj Kumar, a lawyer, author and legal industry entrepreneur with 14 years in legal publishing. Our editorial team covers judgments, deals, law firm updates, careers and policy across India, the US, UK and Gulf. Coverage is editorially independent; sponsored posts are labeled Partner Content. Contact: legaldesire.com/contact

Leave a Reply

Your email address will not be published. Required fields are marked *