Iberian Market - First and Second Quarter 2013
June 2013
Pages: 26
Format: .PDF
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The number of deals in Spain, during the second quarter of 2013, increased by 17% with respect to the first quarter this year, but decreased 6% compared to the same period last year. The investment volume diminished by more than 75%, below the levels recorded in any quarter in 2012.
The financial sector was the most active, between April and June of 2013, with some of the largest registered deals. Several Spanish banks are going through reorganization processes. Bankia acquired a 50% stake, it did not yet hold, in insurance company Aseval, held by Aviva Europa. Moreover, Spanish companies also divested in Latin America, primarily in the banking segment. Spain-based BBVA sold AFP Horizonte (Colombia) and AFP Horizonte (Perú), as part of its strategic plan to divest its pension funds abroad.
AFP Horizonte (Colombia) - Company dedicated to the management of pension funds.
Advisers
Fiege Iberia / Fiege Ibéria Operador Logístico - Company specialized in integrated logistics.
Advisers
| - RANKING 1st and 2nd quarter 2013 - |
| SPAIN |
| Mergers and Acquisitions - Spain |
| Financial Advisors |
|
|
| By total value of transactions |
| Ranking 1Q 2Q 2013 |
FINANCIAL ADVISOR |
Total Value (EURm) |
| |
| 1 |
Goldman Sachs |
8.111,97 |
| |
| 2 |
Santander Global Banking & Markets |
4.218,30 |
| |
| 3 |
BBVA Corporate Finance |
3.532,55 |
| |
| 4 |
Bank of America Merrill Lynch |
2.595,39 |
| |
| 5 |
Citigroup |
1.886,90 |
| |
| 6 |
Casey Quirk |
1.023,50 |
| |
| 7 |
Deutsche Bank US |
1.023,50 |
| |
| 8 |
ABG Sundal Collier |
463,54 |
| |
| 9 |
Carnegie |
463,54 |
| |
| 10 |
DNB Markets |
463,54 |
|
|
| Mergers and Acquisitions - Spain |
| Legal Advisors |
|
|
| By total value of transactions |
| Ranking 1Q 2Q 2013 |
LEGAL ADVISOR |
Total Value (EURm) |
| |
| 1 |
Linklaters |
6.933,51 |
| |
| 2 |
Uría Menéndez |
6.782,36 |
| |
| 3 |
DLA Piper |
4.370,00 |
| |
| 4 |
Allen & Overy |
3.025,00 |
| |
| 5 |
Cuatrecasas, Gonçalves Pereira |
1.744,19 |
| |
| 6 |
Garrigues |
1.671,78 |
| |
| 7 |
Freshfields Bruckhaus Deringer |
1.075,00 |
| |
| 8 |
Ashurst |
608,00 |
| |
| 9 |
Gómez-Acebo & Pombo |
438,25 |
|
|
| Private Equity and Venture Capital - Spain |
| Financial Advisors |
|
|
| By total value of transactions |
| Ranking 1Q 2Q 2013 |
FINANCIAL ADVISOR |
Total Value (EURm) |
| |
| 1 |
Citigroup |
1.075,00 |
| |
| 2 |
Casey Quirk |
1.023,50 |
| |
| 3 |
Deutsche Bank US |
1.023,50 |
| |
| 4 |
Santander Global Banking & Markets |
1.023,50 |
| |
| 5 |
UBS |
452,09 |
| |
| 6 |
Goldman Sachs |
190,46 |
| |
| 7 |
Noah Advisors |
82,50 |
| |
| 8 |
Espírito Santo Investment - BESi |
75,00 |
| |
| 9 |
N+1 |
40,00 |
| |
| 10 |
Sabadell Corporate Finance |
40,00 |
|
|
| Private Equity and Venture Capital - Spain |
| Legal Advisors |
|
|
| By total value of transactions |
| Ranking 1Q 2Q 2013 |
LEGAL ADVISOR |
Total Value (EURm) |
| |
| 1 |
DLA Piper |
1.300,00 |
| |
| 2 |
Uría Menéndez |
1.262,56 |
| |
| 3 |
Freshfields Bruckhaus Deringer |
1.075,00 |
| |
| 4 |
Garrigues |
1.025,10 |
| |
| 5 |
Latham & Watkins |
222,50 |
| |
| 6 |
Clifford Chance |
195,00 |
| |
| 7 |
Pérez-Llorca |
140,00 |
| |
| 8 |
Cuatrecasas, Gonçalves Pereira |
85,00 |
| |
| 9 |
Jones Day |
82,50 |
| |
| 10 |
Gómez-Acebo & Pombo |
51,74 |
|
|
| IPOs and Follow-On - Spain |
| Financial Advisors |
|
| |
