Guillermo Guerra and Juan Ignacio Romero analyse the legal challenges of M&A in defence | Capital & Corporate

Guillermo Guerra, partner in Commercial Law and co-head of Capital Markets, and Juan Ignacio Romero, counsel in Public Law and Regulated Sectors at Gómez-Acebo & Pombo, discuss the rise of the defence sector and its legal implications at a time of geopolitical and technological transformation.

The new geopolitical context, along with recent European and national plans to strengthen the industry, has sparked increased investor interest, drawing in financial and technological players alongside traditional actors. At the same time, transactions face an increasingly demanding regulatory framework, with particular focus on technological sovereignty, foreign investment, and information security.

Both lawyers highlight the importance of anticipating regulatory risks and effectively coordinating legal teams in complex transactions, such as Indra’s acquisition of Hispasat. It is a sector with growing opportunities, but one that requires technical rigour and legal planning from the outset.

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