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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Financials, Investment

Three firms take lead on Qatar’s stake in Spain’s Iberdrola

Posted on 18 March 2011

Allen & Overy, Freshfields Bruckhaus Deringer, and leading Spanish firm Uría Menéndez are advising on state-backed Qatar Holdings’ acquisition of a 6.2 percent stake in Spanish power company Iberdrola for $2.82 billion, according to U.K. publication Legal Week.
Representing Bilbao-based Iberdrola, one of the largest private electric utilities and renewable energy operators in the world, is A&O corporate partner Richard Browne in London and Madrid office managing partner Iñigo Gómez-Jordana. The firm previously advised Iberdrola on its $22.5 billion acquisition of Scottish Power in 2006……………………………………….Full Article: Source

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