Spain
About
Our Madrid office was established in March 2013, now celebrating more than 10 years in the Spanish market.
The Spanish team offers a unique blend of domestic and cross-border expertise, especially in M&A, Capital Markets, Banking Finance, International Arbitration, Commercial Litigation and Regulatory. Our full practice capabilities are highly appreciated by the Spanish clients, and is also a key piece in cross-border multinational deals. In addition, we offer a unique combination of UK/US/Spanish M&A law counsel on the ground in Spain.
Our Spanish team plays an important role as the link between the Firm's Latin American and European practices. The majority of our practitioners are trained in more than one jurisdiction, and clients consider this a major asset. The Spanish team works on a broad range of legal matters, including complex corporate and financial transactions with cross-border aspects. We have been involved in some of the largest and most sophisticated transactions in the local market for the last 10 years.
AWARDS & RECOGNITION
"They know their clients and what is expected of them. It translates into a work environment that is technically demanding but always cordial and relaxed".
"White & Case understands the business needs and works closely with us to meet our expectations and outcomes".
"They can navigate complex matters and provide creative and solid solutions".
"They are truly focused on their client and would do the utmost to meet their client's needs".
Chambers Europe 2023
Experience
RECENT HIGHLIGHTS
Top M&A transaction
Representation of Morgan Stanley Infrastructure Partners (MSIP) on the acquisition of 100% of the shares in Valoriza Servicios Medioambientales, S.A. (Valoriza) from Spanish construction group Sacyr S.A. (Sacyr) for a total consideration (enterprise value, including debt) of €734 million.
Joint Venture with Spanish group
Representation of Abu Dhabi Future Energy Company (Masdar), Abu Dhabi's leading renewable energy company, on its joint venture with Iberdrola Group, the Spain-based international energy group engaged in electric power generation, transmission and distribution.
Largest cross-border banking acquisition since 2007 financial crisis
Represented Goldman Sachs International, as financial adviser, on the proposed £1.7 billion public cash offer by Banco de Sabadell S.A. for TSB Banking Group plc, and as underwriter to Banco de Sabadell's rights issue, which raised gross proceeds of approximately €1.6 billion.
Big-ticket capital market transaction for a Top Spanish Financial Instution
Represented CaixaBank, S.A., a leading Spanish bank listed on the Madrid Stock Exchange, as issuer in the issue of €1,250,000,000 Additional Tier 1 Preferred Securities listed on AIAF (Spain's regulated fixed-income market).
Spanish IPO
Represented Citigroup Global Markets, Goldman Sachs International, BBVA and Banco Santander, as joint global coordinators, on the IPO of Prosegur Cash, S.A., a subsidiary of Prosegur Compañía de Seguridad, S.A. formed to hold its global cash in transit business.
Top telecom M&A transaction
Represented Samsung in the acquisition of the Spanish company Zhilabs, S.L., a company engaged in the business of network analytics for telecoms.
Sovereign fund investment in Spain's oil & gas sector
Represented Wren House Infrastructure, the investment arm of the Kuwait Investment Authority, on its US$550 million investment in the global electricity generation business of the Spanish utility giant, Gas Natural Fenosa (GNF).
One of the largest PE acquisition in Spanish real estate
Represented Klépierre, the leading European shopping center platform, in the disposal of the Gran Via de Hortaleza retail mall located in Madrid (Spain) to Carmila. The disposal also involved the sale of the Grand Vitrolles retail mall located near Marseille (France), also to Carmila.
