Uría & Menéndez advised on the second Spanish P2P

Uría & Menéndez has advised a consortium of three financial investors (Corporación Alba, Mercapital and Omega Capital) in their takeover bid, launched on December 13 2004, for the airport retail company Aldeasa.

The Aldeasa transaction is the second public-to-private launched in Spain by financial and private equity sponsors. Last year, Uría & Menéndez also advised on the Parques Reunidos takeover, the first ever Spanish public-to-private.

The Uría & Menéndez team, led by private equity partner Christian Hoedl and including finance partner Eduardo Rodríguez-Rovira, tax partner Rafael Fuster and senior associate David Escudero, was responsible for all legal aspects of the transaction, from the takeover bid and corporate aspects to the tax structuring and finance.

Uría & Menéndez?s best friend Slaughter and May (Andrew Johnson) advised the consortium on the English law financing agreements. The financing banks were advised by Clifford Chance.

Uría & Menéndez private equity group has recently advised leading local and international private equity houses, including, Advent, Apax, Carlyle, Cinven, CVC, Eurazeo, KKR and Mercapital.