Fears that Catalonian independence dispute will lead to decrease in M&A and real estate activity as foreign investors become nervous
Foreign direct investment doubled between 2014 and 2016 as assets in the Portuguese finance, insurance, science and technology sectors changed hands
Deal flow was increasing in the real estate, technology, transport and energy sectors, with private equity deals up 161% year-on-year
Herbert Smith Freehills advised Abengoa on the sale of a 25 per cent stake in Atlantica Yield to Algonquin Power & Utilities Corporation, which was advised by Pinsent Masons.
Pérez-Llorca acted for ADM Capital Europe on the acquisition of a controlling majority stake in extra virgin olive oil producer Olivos Naturales, better known as Innoliva.
SRS Advogados advised Portuguese venture capital fund Pathena on its €1.3 million investment in Primetag, a technology startup specialised in online influence marketing.
Infrastructure and energy company Acciona was advised by CMS Albiñana & Suárez de Lezo on the sale of its 92.7 per cent stake in Trasmediterranea to the Naviera Armas Group.
DLA Piper’s senior partner and global co-chairman, Madrid-based Juan Picón, heads a team of three partners that have left the firm to join Latham & Watkins.
Spanish funeral services company Grupo ASV was advised by Garrigues and Deloitte Legal on its acquisition of Colombia’s Grupo Recordar.
Allen & Overy advised Spanish company Hotel Investment Partners (HIP) on its acquisition by Blackstone Real Estate Partners Europe V.
