Despite the coronavirus outbreak and a 30% fall in oil prices, resulting in heavy losses on stock markets around the world, Digital Realty has completed its USD 8.4 billion exchange offer for Netherlands-based InterXion Holding N.V.

De Brauw advised Digital Realty alongside Latham & Watkins. As an NYSE-listed US Real Estate Investment Trust, Digital Realty is subject to specific tax restrictions. Dutch company InterXion is also listed on the NYSE, and it has 50 data centres in 11 European countries. This transaction posed intertwining, complex legal and tax issues that had to be carefully navigated. Our firm’s extensive experience in this type of transaction and our cross-expertise teamwork were instrumental in achieving a successful completion.

Read more about this deal here.

De Brauw team: Paul Cronheim, Wiebe Dijkstra, Tijmen Klein Bronsvoort, Myrthe van der Klei, Klaas Versteeg, Willem Bijveld, Rozemarijn Vernooij, Joppe de Bruijn, Casper Nagtegaal, Sanne Veenstra, Bojana Prlja, Pim Siemons, Sophia van Straalen, Stephanie The, Fatima el Ghamarti, Barbara Kloppert, Daniel van Gerven, Tim Bird, Etienne Dijkhorst, Alisha Autar, Thijs Elseman, Anna Sablicova, Koen Orbons, Laura Elize de Vries and Bart de Rijke.