The law firm RCD-Rousaud Costas Duran has advised Rastar Group, a leading manufacturer and distributor of electronic toys in China, on the acquisition of 45.1% to 56% of the share capital of the Spanish soccer club RCD Espanyol.
According to the agreement, the Chinese group will pay 78€ per each of the club’s share, which represents a total deal value of 14.3 to 17.6 million euros. Once the operation is completed, Rastar will control over 50.1% of RCD Espanyol. Moreover, Rastar will acquire in the next 4 years the rest of the 5% of the shares that will remain in hands of the sellers after the sale transaction.
The transaction has been led by RCD - Rousaud Costas Duran’s corporate & commercial department and demonstrates once again the firm’s experience in the field of M&A as well as in sports. Adolf Rousaud, managing partner of the firm and head of the corporate & commercial practice, highlights the importance of the transaction: “It’s been an honor to accompany our client in a transaction in which the legal and the market knowledge have conjugated with an international component.”
RCD-Rousaud Costas Duran is an independent, dynamic and innovative law firm that offers comprehensive legal advice. With a team of over 200 professionals led by 30 partners, we are positioned among the leading 15 Spanish law firms. We provide services to the entire country from our offices in Madrid and Barcelona and count on a global network of alliances and ‘best friends’ agreements with leading foreign law firms.
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