Clifford Chance (CC) has cemented its place as a top-tier player in the Spanish market after advising Barclays on its key E1.143bn (£803m) acquisition of Spanish bank Banco Zaragozano – the first time the London giant has provided local corporate advice to the client.
The deal sees Barclays’ Spanish subsidiary launch a bid for the entire share capital of Banco Zaragozano, to create Spain’s sixth largest bank, subject to shareholder backing and approval from the Bank of Spain and the Spanish securities market commission.
