The recent sale of Novo Banco to US private equity fund Lone Star marked a watershed moment for Portugal’s banking industry.
New research shows that in-house legal department budgets in Spain and Portugal have largely remained the same, but general counsel have reduced their use of external counsel
Ashurst advised Iberian company Earpro on its acquisition by UK audio visual product distributor Midwich.
Cuatrecasas acted for Talde Private Equity on the sale of 90 per cent stake in Biopolis to Archer Daniels Midland.
Private equity fund Abac Solutions received legal advice from EY in relation to its acquisition of PronoKal Group.
Linklaters advised J.P. Morgan Asset Management, the Abu Dhabi Investment Council, and Swiss Life Asset Managers on their acquisition of Spain’s Naturgas Energía Distribución.
VdA Vieira de Almeida advised Portuguese government agency Parpública in relation to airline TAP’s initial public offering (IPO) of up to 5 per cent of its shares to its employees.