Grupo PRISA Case Study
The Commercial Driver
Our client was Grupo PRISA, the largest media group in the Spanish-speaking world. Grupo PRISA is a media powerhouse operating in Spain, Portugal, and Latin America, including substantial print media, cable television, original television and movie content, radio, and an education/textbook business.
Grupo PRISA was looking for a capital increase in its operations and Del Canto Chambers acted as their negotiator and tax advisor regarding a substantial multi-million-pound investment.
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How Del Canto Chambers delivered value
With our unique knowledge of both Spanish, Latin America and Arab cultures, as well as our M&A expertise, Del Canto Chambers helped Grupo PRISA secure and negotiate a capital investment from Qatari investors exceeding €100m.
Our team advised on the structure of the deal as well as on the SPV and tax implications of the investment.
The Result
he £100m investment made it possible for Grupo PRISA and the investors to develop further ventures, such as the launching of the daily sports AS for the Arab world. AS Arabia is the portal created from a joint venture between the Qatari group and the Spanish group, bringing sports information to 25 countries in the Middle East and North Africa.
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Why choose Del Canto Chambers?
Del Canto Chambers provides dual-qualified, multi-lingual tax lawyers, who have worked on over 500 cases throughout Europe, the Middle East, Latin America and Asia, making us the counsel of choice for London-based and international clients, corporations, solicitors and tax advisers.
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We have worked on several corporate cases including some of the worlds leading companies in media, luxury boats, football clubs, NGOs, investments and much more