Carlyle Group acquisition of stake in Cepsa

8/4/2019
Asset acquisition

$ 4.8 billion

Announced

8/4/2019


Overview:

  • The Carlyle Group has acquired a stake of between 30% and 40% in Cepsa from Mubadala Investment Company.
  • Mubadala will remain the majority shareholder of privately-owned integrated oil and gas company, Cepsa.
  • The Madrid headquartered company is valued at $12 billion.
  • The transaction is subject to regulatory approvals and is expected to close by the end of 2019.

Laura Mendes - Researcher 

Jurisdiction:

Spain

Deal type:

Asset acquisition

Practice area:

M&A

Governing laws:

England and Wales
Spain

Industry sector:

Oil and gas


Firms:

Party: Cepsa (Target)

Party: Mubadala (Seller)

Lawyer: Nicholas Stuart


Party: Carlyle Group (Acquirer)

Lawyer: Mark Russell