Uría Menéndez advised a syndicate of banks led by BBVA, Bank of America and Banco Santander on the €635 million financing of fast food businesses Alsea and Zena’s acquisition of Grupo Vips.
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Garrigues has advised Valencia-headquartered snack company Grefusa on the acquisition of a 70 per cent stake in Portuguese dried fruit and nut processing company Frutorra Pimenta.
Majority of in-house counsel in Spain and Portugal more likely to choose firms with strong brands – meanwhile, new study shows Uría Menéndez remains top brand in Spain, while MLGTS leads in Portugal
Increased protectionism with regard to investment and trade could lead to investors in Spain becoming more cautious, lawyers warn
Does size matter? With Iberia´s law firms announcing their annual results, the jury is split – for some firms size is important while for others small is beautiful.
Cuatrecasas and Garrigues advised Food Service Project – a company owned by Alsea – on the acquisition of Spain’s Grupo Vips.
Pharmaceutical and biotech companies are refocusing their business models in order to specialise in niche areas, with investments and divestments made according to assets’ ‘strategic value’
Though major firms in Spain and Portugal are implementing artificial intelligence (AI), doubts persist about the technology, with some managing partners saying it performs like a ‘bad associate’
Increased liquidity in the market as well as low interest rates for equity investments has led to growth in capital markets activity in Spain
Fears that ‘smart contracts’ will reduce demand for legal services appear unfounded, but lawyers will need to develop new skills to effectively advise clients on cryptocurrencies and ICOs