FA: Financial Advisor LA: Legal Advisor
PORTUGAL TOP 10 M&A DEALS
July 2015 - June 2016
DATE DEAL VALUE
USD
(MILLIONS)
TARGET
COMPANY
DEAL
DOMINANT
INDUSTRY
BIDDER BIDDER
ADVISORS
SELLER SELLER
ADVISORS
28/04/2016 1 474
Barclays (Barclay-
card business in
Portugal and Spain)
Financial
Services
bancopopular-e
FA: Bank of America Merrill
Lynch; Citi; PwC; UBS Invest-
ment Bank
LA: Clifford Chance
Barclays
FA: Barclays
LA: Freshfields Bruckhaus
Deringer
02/10/2015 1 101 Grupo Iberwind Energy
Cheung Kong
Infrastructure
Holdings; Power
Assets Holdings
FA: BNP Paribas; Haitong
Securities
LA: Vieira de Almeida &
Associados
Magnum Capital
Industrial Partners
FA: Banco Bilbao Vizcaya
Argentaria; J.P. Morgan
LA: Linklaters
18/04/2016 1 022
Banco BPI (55.9%
Stake)
Financial
Services CaixaBank
FA: Deutsche Bank
LA: Cuatrecasas, Goncalves
Pereira; Uria Menendez
Banco BPI N/A
30/09/2015 1 012
Finerge Gestao de
Projectos Energe-
ticos
Energy First State Invest-
ments
FA: Santander Global Banking
and Markets
LA: Vieira de Almeida &
Associados
Enel Green Power
Espana
FA: Barclays
LA: Cuatrecasas, Goncalves
Pereira
19/04/2016 624
EDP Renovaveis (23
onshore wind farms
in France, Spain,
Belgium and Portu-
gal) (49% stake)
Energy EFG Hermes
FA: BNP Paribas
LA: Linklaters; Shearman &
Sterling; Stibbe
EDP Renovaveis
FA: Citi
LA: King & Wood Mallesons;
MLGTS Morais Leitao Galvao
Teles Soares Da Silva & As-
sociados
29/09/2015 375
Tertir-Terminais de
Portugal Transportation Yildirim Group
FA: Banco Finantia; EY; PwC;
VTB Capital ZAO
LA: Albuquerque & Associados;
Erdem&Erdem Law Office
Mota-Engil SGPS;
Novo Banco FA: Haitong Securities
13/08/2015 212
AXA Portugal Com-
panhia De Seguros
(99.7% stake); AXA
Portugal Companhia
De Seguros De Vida
(95.1% stake); AXA
Global Direct Segu-
ros y Reaseguros
Financial
Services
Ageas
FA: Nomura Holdings
LA: Vieira de Almeida &
Associados
AXA LA: Linklaters
14/10/2015 184
EDF Energies Nou-
velles Portugal Energy
Lancashire County
Pension Fund
FA: Santander Global Banking
and Markets
LA: Uria Menendez
EDF Energies
Nouvelles
FA: Societe Generale
LA: PLMJ - Sociedade de
Advogados
22/06/2016 179
Auto-Estradas Norte
Litoral (51% stake);
Via do Infante (49%
stake)
Construction Dutch Infrastruc-
ture Fund
N/A Cintra Infraestruc-
turas
LA: Cuatrecasas, Goncalves
Pereira
15/09/2015 170
Cabovisao; ONITE-
LECOM - Infocomu-
nicacoes
Telecommu-
nications:
Carriers
Apax Partners;
Fortino Capital
LA: Cardigos; Jones Day; Weil
Gotshal & Manges Altice
FA: Perella Weinberg Partners
LA: Cleary Gottlieb Steen &
Hamilton; Franklin Societe
d'Avocats; Uria Menendez