Cuatrecasas advises Valfondo on purchase of Montepino by Bankinter

Cuatrecasas advised on the purchase process of Inversiones Montepino by Bankinter from Valfondo, manager and owner of 5% of Montepino. Specifically, we advised on the disinvestment process with the different bidders, which started at the end of 2020. Bankinter Investment agreed to buy Montepino through an alternative investment vehicle (REIT) to be created by Bankinter Investment. The new company's shareholders will exclusively be its private banking and institutional clients. Bankinter will be the main shareholder while Valfondo will continue as portfolio manager, reinvesting in the vehicle with a stake of over 5.1%.

The Cuatrecasas team, led by partner Antonio García Lapuente, included specialist corporate and commercial lawyers Ángel Modrego, Mara Tomás, Ignacio Liria and Guillermo Giménez (Zaragoza office), and Juan Aguayo and Javier Rovira (Madrid office); specialist tax lawyer Eva Pérez (Zaragoza office) and José María Echevarría-Torres (Madrid office); and specialist competition lawyer Irene Moreno-Tapia (Barcelona office).