Clients are now less risk averse and they are making decisions about deals more quickly, says SRS Advogados partner Nuno Miguel Prata, who adds that Portugal is increasingly on the radar of investors.
US and UK funds are targeting mid-market deals in Spain, with particular interest in the retail and healthcare sectors, says Latham & Watkins partner Manuel Deó.
Bird & Bird advised Swedish company Quartiers Properties on a joint venture agreement for the development of a “luxury hotel” in Marbella.
On 20 January 2016, the Directive 2016/97 – concerning insurance distribution – was adopted by the European Parliament and the Council. The Insurance Distribution Directive (IDD) provided a harmonised legal framework for this activity.
In the Jessica Porras case (C-103/16, 22 February 2018), the European Court of Justice answered questions – relating to the dismissal of a pregnant employee as part of a collective redundancy scheme – raised by the High Court of
Sellers resorting to competitive processes with many bidders fighting for assets – meanwhile, funds from Portugal are playing a bigger role in the domestic marketMany major private equity funds have closed real estate and restructuring deals
Lisbon law firm Macedo Vitorino & Associados advised former Benfica and Sporting Clube de Portugal coach Jorge Jesus on his move to Saudia Arabia’s Alhilal Saudi Football Club.
Allen & Overy advised mezzanine finance firm Intermediate Capital Group (ICG) on the acquisition of Madrid-headquartered Suanfarma.
Pérez-Llorca advised UK-based packaging business DS Smith on the acquisition of Spain-headquartered Europac, which instructed Uría Menéndez and DLA Piper.
Campos Ferreira, Sá Carneiro & Associados advised PSA Sines – Terminais de Contentores on a term and revolving credit facility made available to it by a syndicate of four Portuguese banks led by Banco BPI.
