Linklaters advising Chinese consortium on bid for Portgual’s EDP

Linklaters is advising a Chinese consortium – including China Three Gorges and CNIC – on its bid to takeover Portuguese utility company EDP.

The consortium is also being advised by Serra Lopes, Cortes Martins & Associados.

Meanwhile, EDP has instructed MLGTS.

The bid has been valued at €9 billion.

China Three Gorges already holds a 23 per cent stake in EDP, while Chinese state company CNIC owns nearly 5 per cent.

It is understood that the Linklaters team advising China Three Gorges is being led by Lisbon managing partner António Soares.

Oppidum Capital, which is a major shareholder in EDP, is being advised by Allen & Overy.

Linklaters advising Chinese consortium on bid for Portgual’s EDP

Ben Cook

iberianlawyer.com

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 www.lcpublishinggroup.com

Iberian Lawyer
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio

SHARE

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