Rastar Group instructs Rousaud Costas Duran on RCD Espanyol acquisition
Chinese toy manufacturer Rastar Group was advised by Rousaud Costas Duran on the acquisition of 54% of the capital share of Spanish La Liga football club RCD Espanyol.
As a result of the transaction, Rastar Group is now the majority shareholder of RCD Espanyol.
Following the initial investment in the acquisition of shares, Rastar Group plans to carry out an additional investment of more than €50m.
It is understood the Chinese brand wants to capitalise on the investment by generating synergies with the entertainment and broadcasting industry.