Demarest advises Galo Holding, Galo’s majority shareholder
Demarest advised Rubens and Rafael Menin, in their capacity as shareholders of Galo Holding, as well as the latter, on the acquisition of 75% of the share capital of Atlético Mineiro S.A.F., a soccer company incorporated by Clube Atlético Mineiro (Galo).
Once the deal is closed, Galo Holding – which is also owned by other shareholders, jointly referred to as the “4Rs” – will exercise control over Galo’s soccer corporation. The closing of the transaction is subject to the fulfillment of certain conditions precedent, in accordance with market practice in transactions of this size. The transaction value was 913 millions.
Demarest relied on led partner José Diaz (pictured), along side partners Andre Novaski, Bruno Drago, Fabio Braga, João Luis de Almeida, Marcello Pedroso, Tatiana Campello; associates Betina Portella Ferreira, Bianca Reis, Camila G. Dayrell Garrote, Fausto Muniz Miyazato Teixeira, Guilherme Inaba, Job Pitthan, Joao Godoy, Marcelo Peloso, Marco Antonio Fonseca, Renato Dale, Rodrigo Zilio.
Azevedo Sette has advised Clube Atlético Mineiro in the transformation into SAF and in the sale of 75% of its shares to Galo Holding, and relied on partners led partners Luiz Sette and Luis Miraglia, with the help of partners Bruno Felippe Almeida, Luiz Eduardo Salles and senior associate Natalia Meirelles Barros.
