| News | October 2021 | C&L advises MoraBanc on acquisition of BancSabadell d’Andorra |
Cases&Lacambra has advised MoraBanc on the acquisition of a majority stake of BancSabadell d’Andorra, a bank located in Andorra and controlled by the Spanish listed entity Banco de Sabadell.
The closing of the transaction was formalised on 5 October. The transaction is a strategic acquisition for MoraBanc, which is one of the main Andorran banks.
Partner Miguel Cases led the Financial Regulation matters of the transaction and the C&L team devoted to this deal. Partner Bojan Radovanovic dealt with the M&A aspects of the deal and the negotiations of the share purchase agreement.
The C&L team also included partner Marc Ambrós, who has been in charge of the Legal Due Diligence process, partner Laura Nieto, managing associate Marta Felipó, and associates Pablo Montesinos, Marc Cantavella and Alda Rodríguez.