PLMJ advises Global Aviation Ventures and Azul on TAP deal
PLMJ advised US venture capital fund Global Aviation Ventures and Brazilian airline Azul on the acquisition of a 9 per cent stake in Portuguese airline tap for $55 million.
Global Aviation Ventures’ stake is worth $30 million, while Azul’s share is worth €25 million.
The 9 per cent stake was acquired from China’s HNA Group.
The PLMJ team included partner Diogo Perestrelo, senior associate Guilherme Seabra Galante and associate Rita Braga Themido.