Transactions
Iberian Mergers and Acquisitions
In association with
Top law firms advising on Iberian M & A based on value
Rank Law firm Value (€ m ) Deal Count 1 Freshfields Bruckhaus Deringer 25.178 9 2 Uría Menéndez 17.040 32 3 Linklaters 16.759 24 4 Garrigues 9.783 40 5 Deloitte Legal 6.417 20 6 DLA Piper 6.360 7 7 Ontier 6.135 2 8 Cuatrecasas , Gonçalves Pereira 5.771 52 9 Hengeler Mueller 5.760 1 10 Clifford Chance 5.098 25
M & A League Tables – 01-Jan-2016 to 30 September 2016 Top law firms advising on Iberian M & A based on volume
Based on announced deals excluding lapsed and withdrawn bids . Based on dominant geography of target being Iberia . Data correct as of 05-Oct-2016 Includes all deals valued over USD 5m . Where deal value not disclosed , deal has been entered based on turnover of target exceeding USD 10m . Activities excluded from table include property transactions and restructurings where the ultimate shareholders ’ interests are not changed .
Top 10 Iberian M & A – 01-Jan-2016 to 30 September 2016
Rank Law firm Value (€ m ) Deal Count 1 Cuatrecasas , Gonçalves Pereira 5.771 52 2 Garrigues 9.783 40 3 Uría Menéndez 17.040 32 4 Clifford Chance 5.098 25 5 Linklaters 16.759 24 6 PwC legal 2.609 21 7 Deloitte Legal 6.417 20 8 King & Wood Mallesons 1.399 16 9 Allen & Overy 3.645 15 10 Pérez-Llorca 4.530 13
Announcement Date
17-jun-16
Target Company Target / Seller Legal Adviser Bidder Company Bidder Legal Adviser Seller Company
Gamesa Corporación Tecnológica
Uría Menéndez Siemens
Advising FA : Freshfields Bruckhaus Deringer ; Linklaters
Deal Value (€ m )
6.640
05-sep-16 Quirónsalud DLA Piper HELIOS Kliniken
Freshfields Bruckhaus Deringer ; Hengeler Mueller
CVC Capital Partners 5.760
04-mar-16
Fomento de Construcciones y Contratas ( 48.3 % Stake )
Linklaters Inversora Carso Ontier 5.734
21-jun-16 |
Metrovacesa ( Tertiary and Residential Assets ) |
Advising FA : Latham & Watkins ; Uría Menéndez |
Merlin Properties Socimi |
Freshfields Bruckhaus Deringer ; Garrigues |
Metrovacesa 3.882 |
12-sep-16 |
Gas Natural Fenosa ( 20 % Stake ) |
Freshfields Bruckhaus Deringer ; Pérez-Llorca ; Uría Menéndez |
Global Infrastructure Partners |
Advising FA : Allen & Overy ; Deloitte Legal ; Garrigues |
Repsol ; and Criteria Caixa 3.803 |
26-sep-16 Urbaser Linklaters China Tianying |
Freshfields Bruckhaus Deringer |
ACS Actividades de Construcción y Servicios |
2.212 |
28-apr-16
27-jul-16
Barclays ( Barclaycard business in Portugal and Spain )
Enel Green Power España ( 60 % Stake )
Freshfields Bruckhaus Deringer bancopopular-e Clifford Chance Barclays 1.300
Endesa Enel 1.207
10-may-16 |
A4 Holding ( 51.4 % Stake ) |
Studio Legale Lombardi Molinari Segni |
Abertis Infraestructuras |
BonelliErede ; Cuatrecasas , Gonçalves Pereira |
Intesa Sanpaolo ; and Astaldi ; and Equiter |
1.205 |
28-apr-16 Hotelbeds Group Deloitte Legal ; Allen & Overy |
Cinven Partners ; and Canada Pension Plan Investment Board |
Freshfields Bruckhaus Deringer ; PwC legal ; Torys |
TUI 1.165 |
Based on announced deals excluding lapsed and withdrawn bids . Based on dominant geography of target being Iberia . Data correct as of 04-Oct-2016 . Includes all deals valued over USD 5m . Where deal value not disclosed , deal has been entered based on turnover of target exceeding USD 10m . Activities excluded from table include property transactions and restructurings where the ultimate shareholders ’ interests are not changed . This information has been provided by mergermarket Ltd . and any queries should be addressed to deals @ mergermarket . com . For further information about mergermarket please visit www . mergermarket . com or contact Hannah Bagshawe , The Mergermarket Group , Tel + 44 ( 0 ) 20 7059 6151 Fax + 44 ( 0 ) 20 7059 6101 .
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16 • IBERIAN LAWYER • September / October 2016 www . iberianlawyer . com