Reial Club Deportiu Espanyol's majority shareholders, Dani Sánchez Llibre and Ramon Condal, signed an agreement with Chinese electronic gaming conglomerate, Rastar Group, to sell 45.1% of its share capital. The share price closed at €78.
The transaction also includes the option to buy an additional share package of 5% and the provision of personal guarantees by the shareholders through the financial entities of the club's syndicated loan.
Cuatrecasas advised club blanquiazul's majority shareholders and related groups on this transaction. The Corporate and Commercial Practice led the transaction with a legal team comprising partner Javier Fontcuberta and associates Juan Antonio Vaqué and Xavier Morera.