Freshfields advises Naturgy on IFM´s €5.06bn offer

Freshfields Bruckhaus Deringer has advised Naturgy Energy Group (Naturgy) on the voluntary and unsolicited offer made by IFM on 22.689 per cent of Naturgy’s share capital

Freshfields is assisting Naturgy and its Board of Directors with the voluntary and unsolicited offer made by Global Infraco O (2) S.À.R.L., wholly owned by IFM GIF (IFM), on 22.689 per cent of Naturgy’s share capital, which represents 220 million shares of Naturgy.

The fund is offering €23 per Naturgy share, a 19.7 per cent premium over Naturgy’s closing price on Monday (€19.22), making an offer of €5.06 billion.

The Freshfields team advising Naturgy is being led by the Corporate/M&A partner Armando Albarrán (pictured left), supported by partner Alfonso de Marcos (pictured top centre), senior associate Carla Gómez and junior associate Javier Sánchez Valiente. Counsel Joe Amann (pictured bottom right), supported by associate Chelsey Kaka are advising on the Capital Markets aspects of the transaction. Partner Ana López (pictured top right) is advising on the Financing aspects of the transaction and of counsel Ignacio Borrego (pictured bottom centre), supported by senior associate Ana Calvo are in charge of the advice on the Regulatory and foreign direct investments aspects of the transaction.

On the other hand, Allen & Overy has advised BNP Paribas in connection with the financing to IFM Investors in its €5.06 billion bid for 22.69% of Naturgy’s shares. A&O team involved in this transaction was led by Madrid office partners Charles Poole-Warren and Ignacio Ruiz-Camara, and London office partner Ed Moser.

Freshfields advises Naturgy on IFM´s €5.06bn offer

Desire Vidal

Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram