Search HOME NEWS A&O advising 3i Infrastructure on its investment in Global Cloud Xchange Print Related people Press contacts 17 November 2021 Allen & Overy is advising 3i Infrastructure plc on its agreement to acquire Global Cloud Xchange (GCX). GCX is a leading global data communications service provider and owns one of the world’s largest private subsea fibre optic networks, with 66,000km of cables across 46 countries from North America to Asia, providing high-bandwidth connectivity to a range of blue-chip customers including hyperscalers, telecommunications operators, new media providers and enterprises. The transaction is conditional upon a number of regulatory approvals and completion is expected mid-2022. Commenting on the deal, co-head of A&O’s Global Infrastructure Group Sara Pickersgill said: “We are extremely pleased to have been able to assist 3i Infrastructure in this landmark investment. GCX’s subsea cable network is one of the most comprehensive globally and today’s announcement is another example of how A&O is helping its clients deliver the digital infrastructure required to meet the rapidly growing global data traffic needs of the future.” The A&O team advising 3i Infrastructure is led by Infrastructure M&A partner Sara Pickersgill supported by senior associate Fatima Shawaf. Infrastructure finance partner Ed Moser is leading on financing for the transaction, supported by associates Rhushub Bidd and James Pritchard. Telecoms sector head Tom Levine is providing specialist telecoms advice, and advice on foreign direct investment and national security regimes is provided by partner Dominic Long, assisted by counsel Charles Pommies and senior associate David Weaver. Cookies on our website We use cookies on our site to remember you, show you content we think you will like and help you to use the site. For more details, please see our cookies policy. Click 'Accept' to consent to cookies other than strictly necessary cookies or 'Reject' if you do not. You can change your mind at any time by visiting our cookie policy page. Accept cookies Reject cookies Follow us Accessibility Site map Legal notices Cookies policy Privacy policy Anti-slavery and human trafficking statement ©2021 Allen & Overy LLP