Publications
February 2011
February 2011
Compared to January, February was a 'cooler' month for the Spanish market in terms of number of deals. There were, however, several announced deals, which seems to predict an increase in deal activity for the next few months. Transaction highlights in February include the EUR 4bn acquisition of Cepsaby the Abu Dhabi fund IPIC; the EUR 360m acquisition of a 10% stake in CLH, by AxaPrivate Equity; and the EUR 500m sale of Opodoto AXA and Permira, by Amadeus.
In Portugal, February was more active than January in number of deals. The acquisition of Portuguese companies by foreign investors was noticeable, as shown by the acquisition of Fapoboland EvertisIbérica. Other highlights include SonaeSierra Brasil'sIPO in BOVESPA, São Paulo's stock exchange. This deal signified for the SonaeGroup an extra BRL 435m (EUR 190m).
