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Hogan Lovells, Willkie, Freshfields Advise on $1.2 Billion Air Freight Deal

Asian Legal Business News
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Summary

AI-Generated
  • Hogan Lovells has advised Brookfield on its $1.2 billion acquisition of World Freight Company (WFC) from PAI Partners and EQT, represented by Willkie Farr & Gallagher and Freshfields.
  • WFC, founded in 2004, is a leading general sales and service agent for the air freight industry, serving over 300 airlines globally.
  • The deal comes amid global transportation volatility due to rising fuel prices linked to the Iran war, with completion expected by the end of 2026.
  • This acquisition could reshape Brookfield's position in the air freight market as it navigates challenging operational landscapes.

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