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.


Ben Cook