Akin Advises Energy Equation Partners and Stonepeak in €2.5 Billion Acquisition of Majority Interest in JET
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(London) – Akin has advised investment firms Energy Equation Partners and Stonepeak in their approximately €2.5 billion acquisition of a majority interest in JET Tankstellen Deutschland GmbH (“JET”) from Phillips 66.
Phillips 66 will retain a 35% minority interest in JET as part of the transaction, which is expected to close in the second half of 2025, subject to customary regulatory approvals.
The Akin team was led by corporate partner Shaun Lascelles and included partner Simon Rootsey, counsel Jing Ng, Andrew Finogin and associates Rachel Lawrence, Jack Anderson, Andrew Longo and Simi Malhi.
The tax aspects were led by partners Natasha Kaye and Matthew Durward-Thomas, with support from counsel Mohammed Natha and associates Ivan Jelocnik and Aaron Jenman.
The antitrust & international competition work was led by partner Davina Garrod and supported by counsel Marianna Meriani, and associates Tommi Lahtinen and Charles Tay.
The investment management aspects were led by partners Simon Ellis and Daniel Quinn, with the wider team comprising counsel Raquel Gordon, Chris Jeanes and Benedict Watson and associate Paolo Caretta Cortegiani.
For further details on the transaction click here.
Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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