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{"id":270657,"date":"2021-09-23T08:49:48","date_gmt":"2021-09-23T06:49:48","guid":{"rendered":"https:\/\/ga-p.servidortemporal.net\/noticia\/gomez-acebo-pombo-advises-zardoya-otis-in-the-takeover-bid-launched-by-otis\/"},"modified":"2021-09-23T08:49:48","modified_gmt":"2021-09-23T06:49:48","slug":"gomez-acebo-pombo-advises-zardoya-otis-in-the-takeover-bid-launched-by-otis","status":"publish","type":"noticia","link":"https:\/\/ga-pstg.servidortemporal.net\/en\/news\/gomez-acebo-pombo-advises-zardoya-otis-in-the-takeover-bid-launched-by-otis\/","title":{"rendered":"G\u00f3mez-Acebo & Pombo advises Zardoya Otis in the takeover bid launched by Otis"},"content":{"rendered":"
\n
\n
\n
\n
\n\nG\u00f3mez-Acebo & Pombo advises Zardoya Otis in the takeover bid launched by the parent company Otis Group for the 49.99% it does not control of its Spanish subsidiary, with the aim of delisting it from the Stock Exchange.
\r\n
\r\nZardoya Otis is listed on the Continuous Market and has a market capitalisation of 2,517 million euros. The offer price represented a premium of around 30.8% over the price at which Zardoya Otis closed yesterday (5.35 euros, up 0.75% on the stock market) and 28.9% over the volume-weighted average price in the month to 22 September (5.43 euros).
\r\n
\r\nOtis, the parent company, controls 50.01% of the share capital of Zardoya Otis S.A. (ZOSA) and 50.01% of the share capital of Zardoya Otis S.A. (ZOSA). (ZOSA) and 50.07% of the voting rights, indirectly through its wholly owned subsidiary Alder Holdings (AH), so the offer is aimed at the 49.99% it does not control, i.e. 235.184 million shares.
\r\n
\r\nThe GA_P team was formed by Guillermo Guerra<\/a>, Corporate partner, Santiago G\u00f3mez Acebo<\/a>, Banking partner, Jacobo Palanca, Corporate associate and Jos\u00e9 Francisco Canalejas<\/a>, Banking associate.
\r\n
\r\n
See complete article in CincoD\u00edas<\/a>
\r\n
\r\n
See complete article in Expansi\u00f3n<\/a>
\r\n
\r\n
See complete article in El Confidencial<\/a>\n\n\n

<\/p>\n\n\n<\/div>\n<\/div>\n\n

\n
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\n
\n\n \n
\n
Lawyer mentioned<\/div>\n
\n

\n <\/span>\n Guillermo Guerra<\/a>\n – Partner<\/span>\n <\/p>\n <\/div>\n <\/div>\n \n

\n
Tipology<\/div>\n

\n <\/span>\n Deal<\/span>\n <\/p>\n <\/div>\n \n

\n
Areas and sectors<\/div>\n

\n <\/span>\n Capital Markets<\/a>\n <\/p>\n <\/div>\n <\/div>\n<\/div>\n\n<\/div>\n<\/div>\n\n<\/div>\n\n <\/div>\n\n<\/div>\n\n\n

\n
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\n
\n
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\n\n\n
\n See previous \"icon\"\n <\/a>\n See next \"icon\"\n <\/a>\n <\/div>\n <\/div>\n<\/div>\n<\/div>\n\n
\n
<\/div>\n<\/div>\n\n<\/div>\n\n <\/div>\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"

G\u00f3mez-Acebo & Pombo advises Zardoya Otis in the takeover bid launched by the parent company Otis Group for the 49.99% it does not control of its Spanish subsidiary, with the aim of delisting it from the Stock Exchange. 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