FA: Financial Advisor LA: Legal Advisor
PORTUGAL TOP 10 M&A DEALS
July 2015 - June 2016
DATE DEAL VALUE
USD
(MILLIONS)TARGET
COMPANYDEAL
DOMINANT
INDUSTRYBIDDER BIDDER
ADVISORSSELLER SELLER
ADVISORS28/04/2016 1 474Barclays (Barclay-
card business in
Portugal and Spain)Financial
Servicesbancopopular-eFA: Bank of America Merrill
Lynch; Citi; PwC; UBS Invest-
ment Bank
LA: Clifford ChanceBarclaysFA: Barclays
LA: Freshfields Bruckhaus
Deringer02/10/2015 1 101 Grupo Iberwind EnergyCheung Kong
Infrastructure
Holdings; Power
Assets HoldingsFA: BNP Paribas; Haitong
Securities
LA: Vieira de Almeida &
AssociadosMagnum Capital
Industrial PartnersFA: Banco Bilbao Vizcaya
Argentaria; J.P. Morgan
LA: Linklaters18/04/2016 1 022Banco BPI (55.9%
Stake)Financial
Services CaixaBankFA: Deutsche Bank
LA: Cuatrecasas, Goncalves
Pereira; Uria MenendezBanco BPI N/A30/09/2015 1 012Finerge Gestao de
Projectos Energe-
ticosEnergy First State Invest-
mentsFA: Santander Global Banking
and Markets
LA: Vieira de Almeida &
AssociadosEnel Green Power
EspanaFA: Barclays
LA: Cuatrecasas, Goncalves
Pereira19/04/2016 624EDP Renovaveis (23
onshore wind farms
in France, Spain,
Belgium and Portu-
gal) (49% stake)Energy EFG HermesFA: BNP Paribas
LA: Linklaters; Shearman &
Sterling; StibbeEDP RenovaveisFA: Citi
LA: King & Wood Mallesons;
MLGTS Morais Leitao Galvao
Teles Soares Da Silva & As-
sociados29/09/2015 375Tertir-Terminais de
Portugal Transportation Yildirim GroupFA: Banco Finantia; EY; PwC;
VTB Capital ZAO
LA: Albuquerque & Associados;
Erdem&Erdem Law OfficeMota-Engil SGPS;
Novo Banco FA: Haitong Securities13/08/2015 212AXA Portugal Com-
panhia De Seguros
(99.7% stake); AXA
Portugal Companhia
De Seguros De Vida
(95.1% stake); AXA
Global Direct Segu-
ros y ReasegurosFinancial
ServicesAgeasFA: Nomura Holdings
LA: Vieira de Almeida &
AssociadosAXA LA: Linklaters14/10/2015 184EDF Energies Nou-
velles Portugal EnergyLancashire County
Pension FundFA: Santander Global Banking
and Markets
LA: Uria MenendezEDF Energies
NouvellesFA: Societe Generale
LA: PLMJ - Sociedade de
Advogados22/06/2016 179Auto-Estradas Norte
Litoral (51% stake);
Via do Infante (49%
stake)Construction Dutch Infrastruc-
ture FundN/A Cintra Infraestruc-
turasLA: Cuatrecasas, Goncalves
Pereira15/09/2015 170Cabovisao; ONITE-
LECOM - Infocomu-
nicacoesTelecommu-
nications:
CarriersApax Partners;
Fortino CapitalLA: Cardigos; Jones Day; Weil
Gotshal & Manges AlticeFA: Perella Weinberg Partners
LA: Cleary Gottlieb Steen &
Hamilton; Franklin Societe
d'Avocats; Uria Menendez