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NEWS

Paul Hastings Advises G42 and Khazna Data Centers on Sale of e&’s $2.2 Billion Stake

April 28, 2025

Paul Hastings (Europe) LLP advised G42, the leading UAE-based artificial intelligence technology holding company, and its majority-owned subsidiary, Khazna Data Centers, in relation to the sale by e& of its stake in Khazna for $2.2 billion and minority investments in Khazna by MGX and Silver Lake.

The Paul Hastings team was led by London M&A partner David Prowse along with senior associate Matthew Calvert, associates Rohin Ghosh Dastidar, Jacob Massey and James Waite and trainee solicitors Freya Evans and Mila Rubinfeld. The team also included Antitrust partner Jade Alexandra-Fearns and associate Quinn L. Dang.

More details on the transaction can be found here.

About Paul Hastings

With widely recognized elite teams across 17 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers and corporations. For more information, visit www.paulhastings.com

Practice Areas

Mergers and Acquisitions


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