CCSL Advogados advises Alpac Capital in Euronews acquisition

A venture capital fund managed by Alpac Capital, a venture capital company based in Portugal, concluded its acquisition of a majority stake in the company that owns the international news channel Euronews.

CCSL Advogados assisted Alpac Capital in the process related with the acquisition of a majority shareholding in Euronews, including the review and negotiation of the SPA, as in the negotiation with the Fund’s investors. CCSL Advogados was also responsible for coordinating the legal teams from different jurisdictions that were advising Alpac Capital.

The deal has been announced in December 2021 but was now concluded following the approval by the French Government. The value of the acquisition is confidential.

The CCSL team was coordinated by partner Mafalda Almeida Carvalho, head of M&A practice, and had the collaboration of Francisco Burguete and Catarina Flor Ferreira.

Iberian Lawyer article