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Thursday, May 16, 2024

Sacyr Concessions Limited instructs Dentons for stake sale of N6 road to Bestinver, advised by PM

Dentons offices in Madrid and Dublin have advised Sacyr Concessions Limited, a subsidiary of Sacyr, S.A., on €45 million sale of its stake in the N6 road in Ireland to the Spanish asset manager Bestinver, which was advised by Pinsent Masons

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The transaction, announced in May, had a total consideration of €45 million, including debt, and closed this month of September after all conditions precedent were satisfied.

Dentons’ Madrid office Corporate team was led by Jesús Durán, partner, together with Jorge Carmona and Eugenia Hernández-Antolin, counsel and associate, respectively. The Irish aspects of the transaction were led by Ciaran O’Boyle, M&A and corporate partner from Dentons’ Dublin office, along with Corporate associates Sean Burke and Teodora Puiu.

On the other hand, Pinsent Masons advised Bestinver with a global team led by Sonal Shah from Madrid, Dublin and UK and formed by a Corporate team led by partner Antonio Sánchez Montero (left), along with legal director Rafael Durán Frías (centre) and associate Álvaro Estrada Reina, Projects team led by partner José Millán Martín (right) and supported by associates Jesús Priego Luque and Pedro Gila Martínez-Conde (all from Madrid), together with Dublin office Corporate partner Dorian Rees and UK office Projects partner Sonal Shah, along with Gillian Frew, Samuel R. and Alex J Kelly.

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