Acquisition of Oakwood Worldwide
A&G News 8 August 2022
Allen & Gledhill, as transaction counsel, advised The Ascott Limited (“Ascott”), a wholly-owned lodging business unit of CapitaLand Investment Limited, on its acquisition of Oakwood Worldwide, the hotel and serviced residence business. The transaction involved the acquisition of brand IP rights and the global operating platform of Oakwood by Ascott.
Advising Ascott were Allen & Gledhill Partners Richard Young, Lauren Chung, Tham Kok Leong, Liew Wan Lin, Sunit Chhabra and Elsa Chen.