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Demarest acts for Netshoes on Magazine Luiza merger

  • News
  • 23 May 2019
  • 226
  • 2 minutes read

Brazilian law firm Demarest has advised Netshoes on the online sporting goods retail outfit’s acquisition, through a merger, by online retailer Magazine Luiza.

joggingThe deal was valued at around $62 million.

The closing of the transaction is subject to the satisfaction of certain conditions established in the merger agreement, including its approval by Netshoes Cayman’s shareholders, in accordance with Cayman Islands law, and by Brazilian antitrust agency CADE.

Partner Thiago Sandim led the Demarest team counselling the company, with a team comprising lawyers João Paulo Minetto, Letícia Wanderley; Gabriel Carvalho, Caio Secchi, Paola Pugliese, Milena Mundim, Fernanda Harari and Renato Canizares.

adam.critchley@iberianlegalgroup.com

thelatinamericanlawyer.com

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

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