A&O has appointed Fernando Torrente as partner in our Madrid office, to head up mergers & acquisitions (M&A) and Capital Markets. This is a significant appointment for A&O in Spain, where we currently have five partners and more than 20 lawyers in our offices in Madrid and Barcelona.
Fernando has more than 25 years of experience, and has spent most of his career at Cuatrecasas, where he headed up the firm’s business law department for a number of years.
He is one of Spain’s most highly regarded lawyers in M&A and Capital Markets work, including takeovers, IPOs, flotations, securities issue and placement, secondary offerings and follow-on capital offerings.
He is also one of the most prestigious corporate governance lawyers, forming part of the Group of Experts that advised the Comisión Nacional del Mercado de Valores (CNMV) in preparing the Code of Good Governance of Listed Companies approved in February 2015.
During his career Fernando has advised on more than 40 company flotations, including the privatisation of Iberia and Aldeasa, and on some of the most important business operations in the Spanish market of recent years, such as the takeover bid for Endesa launched by Enel and Acciona, the subsequent acquisition by Enel of a 25% stake held by Acciona in Endesa, and the takeover bid for Hidrocantábrico by EnBW and Ferroatlántica.
Ignacio Ruiz-Cámara and Antonio Vázquez-Guillén, partners and co-heads of A&O in Spain, explain: “Bringing a partner with Fernando’s exceptional reputation into such a specialised and active team, enables us to strengthen our position in the Spanish market and consolidate the success of our business practice, providing our clients with the best team possible.”
Fernando himself explains: “Allen & Overy’s plans, both globally and in Spain, and the possibility of forming part of its team by contributing to its growth, have been the key factors in my decision to continue my career in what is a world-class international firm.”
Source: www.allenovery.com
