Mergers & Acquisitions
Garrigues Portugal offers a detailed analysis of the legal regime of Real Estate Investment and Management Companies (SIGI) in the latest edition of the EPRA Global REIT 2021 Study. The firm's experts explain the key factors to take into account when considering investing in the Portuguese market through this vehicle.
With a total of 161 deals amounting to 15,285 million euros, the firm leads the TTR ranking in terms of number of deals in both Spain and Portugal.
Spain’s Strategic Projects for Economic Transformation and Recovery (PERTEs) could bring a considerable wave of projects in Spain. They are a new public-private partnership device appearing in the recent legislation on the Spanish Recovery, Transformation and Resilience Plan and to be funded by subsidies and loans from the European Recovery Mechanism (Next Generation EU), which in Spain's case are estimated to amount to €140,0000 million. Professionals practicing in projects and in the particular area of project finance should keep track of how they are taken forward and evolve.
Keeping our legal sight on the obstacles or difficulties for cross-border mergers which we started looking at in the previous article in this series, we cannot overlook that the laws of every state retain their own peculiar characteristics, a few of which are deep rooted although little known beyond their borders, which may place boulders in the path that are hard or impossible to move round.
On May 20, 2020, the Polish government adopted the fourth and final package of anti-crisis solutions known as "Shield 4.0".
The firm is at the top of the TTR ranking, with a total of 85 transactions amounting to 11,178 million euros.
Garrigues has strengthened its team in Portugal by bringing on board Tomás Pessanha as partner in charge of the Corporate and M&A practice at the Oporto office. Pessanha has had a lengthy professional career as adviser to domestic and foreign businesses and institutional investors on corporate law, commercial contracts, M&A, private equity, venture capital and restructuring processes.
Garrigues tops the rankings in number of mergers and acquisitions (M&A) in Spain in 2018 in the two most important classifications: the business intelligence platforms Mergermarket and TTR.
Article by María Fernández-Picazo and Javier de Rojas, partners in the Corporate and Tax practices at Madrid office ('The Lawyer').