Allen & Overy advising Cepsa on €3bn Carlyle Group deal

An Allen & Overy team led by Fernando Torrente (pictured) is advising Cepsa on the potential sale of a 30 per cent stake in the company to private equity firm Carlyle Group.

The proposed deal is valued at €3 billion

Cepsa reported a 15 per cent drop in annual adjusted net profit to €754 million last year.

Cepsa is an energy company owned by the Mubadala Investment Company.

Ben Cook