Gibson Dunn has provided legal advice to Neinor Homes regarding the financing and U.S. law aspects of its €1.070 billion tender offer to acquire AEDAS Homes. This transaction is notable as the largest merger and acquisition deal in the sector over the past decade.
The acquisition allows Neinor Homes to gain a substantial portfolio across Spain’s key regions, with half of it concentrated in Madrid. This move positions Neinor as the largest and most diversified residential developer in Spain.
The legal team from Gibson Dunn that assisted on this matter was based in London, led by partners Federico Fruhbeck and Hugo Hernández-Mancha, with of counsel Cason Moore also contributing.