Publications
January 2011
January 2011
Spain registered a high level of transactions, in deal volume, during the first month of 2011. This trend had already been felt in December 2010. Some 75 deals were announced or closed in January. On the private equity side, even though there was a slight downturn in the number of deals, the level of cash invested by private equity firms remained stable, compared to December 2010, thanks to deals such as CVC's EUR 900m acquisition of a 80% stake in CapioEspaña.
There were also a number of relevant deals in the Portuguese market throughout January. Special reference to the Angolan state-owned oil conglomerate Sonangol'sacquisitive appetite for Portuguese companies. The Angolan oil company acquired 66,6% of engineering and environment consultancy company Coba; as well as two controlling stakes in Escomand OpwayAngola, both sold by EspíritoSanto Financial Group.
