Pérez-Llorca and RRBS Legal advise on the exemption of the takeover bid for Duro Felguera

Pérez-Llorca and RRBS Legal have advised on the exemption communicated by the Comisión Nacional del Mercado de Valores (CNMV) from the obligation to make a public tender offer (PTB) of shares over the entire capital stock of Duro Felguera, requested by Grupo Promotor de Desarrollo e Infraestructura.

The decision was taken due to the percentage of voting rights that Grupo Prodi intended to achieve through the capitalization of loans in the capital increases approved by the ordinary general shareholders’ meeting in 2023.

Pérez-Llorca team has advised Duro Felguera and has been formed by Iván Delgado (pictured left), Corporate partner, Francisco León, Corporate of counsel, Ángel Martín, Corporate lawyer, Beatriz Sánchez, Corporate lawyer and Ignacio Buil, Corporate lawyer.

RRSR Legal has advised Grupo Promotor de Desarrollo e Infraestructura with partner Manuel A. Romero Rey (pictured right).