Iberian Market - February 2020

February 2020
Iberian Market - February 2020
Pages: 54
Format: .PDF

SPAIN

According to Transactional Track Record's monthly M&A Report, Spain's mergers and acquisitions market closed the first two months of 2020 with 329 transactions and a moved capital of EUR 6.99bn. The report also provides a complete analysis about the most prominent transactions of the cross-border segment, as well as the market's most active sectors, which shows Real Estate remains as the sector with the highest number of deals, with 84 transactions. Meanwhile, both the Private Equity and Venture Capital segments registered a downturn regarding both number of deals and moved capital, comparing with the previous year. The league tables in the last pages of the report reflect the activity of the legal and financial advisors, based on transactions announced in 2020.

PORTUGAL

According to Transactional Track Record's February 2020 M&A Report, the volume of mergers and acquisitions in the first two months of the year in the Portuguese market totaled 52 deals, down 12% compared with the same period of 2019. On the pages allocated to the cross-border sphere, the analyses correlating the foreign countries that invest in Portugal and the sub-sectors targeted by these investments reflect that Spain-based companies retain their increasing interest in Portugal-based companies, with five deals so far this year. Meanwhile, the Venture Capital segment registered a total of EUR 23m. The league tables on the last pages of the report reflect the activity of the legal and financial advisors, based on transactions announced in 2020 YTD. 


 SPAIN

 

Banco Santander becomes the sole shareholder in Allianz Popular

Advisors of the deal:

Financial Advisory:

  • PwC España
  • Deloitte España

Legal Advisory:

  • Garrigues España
  • Uría Menéndez España

Due Diligence:

  • PwC España

 

PORTUGAL

GHO Capital acquires 49,93% stake in FairJourney Biologics

Advisors of the deal:

Financial Advisors:

  • Deloitte Portugal
  • Alvarez & Marsal 
  • L.E.K. Consulting 
  • Willis Towers Watson 
  • CloudOrigin
  • BDO (Portugal) 
  • Torreya Partners

Legal Advisors:

  • VdA - Vieira de Almeida
  • Reed Smith US  
  • CTSU - Sociedade de Advogados - Member of Deloitte Legal network 
  • Primaz Advogados

Due Diligence:

  • VdA - Vieira de Almeida

Technical Advisory:

  • BioProcess Technology Group