A trio of Spanish firms have taken roles on one of the largest ever corporate deals in Portugal – Telefonica’s €7.5bn (£6.3bn) buyout of Portugal Telecom’s (PT’s) 50% stake in Brazilian mobile operator Vivo.

Cuatrecasas Goncalves Pereira advised Telefonica on the Portuguese side, while Uria Menendez advised Telefonica on Spanish law and Garrigues acted for PT.