Fernando Torrente
Biography
Fernando Torrente has over 35 years of experience in advising corporate clients, investment banks and private equity funds in M&A, both public and private and Equity Capital Markets, including IPOs, primary and secondary equity offerings, as well as reorganizations, joint ventures, and general corporate work. Expert also in corporate governance, formed part of the group of lawyers that advised the Comisión Nacional del Mercado de Valores (CNMV) in preparing the Code of Good Governance of Listed Companies approved in February 2015.
Practice Focus
Fernando's practice focuses on M&A, public and private, Equity Capital Markets and Corporate Governance.
Representative Legal Matters
Advised in some of the most prominent M&A transactions:
- Advised the board of directors of Arima Real Estate Socimi on the takeover bid launched by JSS Real Estate (€223 m);
- Advised the board of directors of Siemens Gamesa Renewables Energy, S.A. on the takeover bid launched by Siemens AG (€ 3,153 bn);
- Advised Buybrook as major shareholder on the takeover bid over Natra by Investindustrial (152,5 m);
- Advised Atlantia on the takeover bid over Abertis (€ 34,5 bn);
- Advised Axiare on the takeover bid launched over its capital stock by Colonial (€ 1,442 bn);
- Advised Enel on the joint takeover bid with Acciona over Endesa (€ 42,11 bn) and the subsequent acquisition by Enel of the remaining 25 % stake owned by Acciona (Financial Times awards of 2007 and 2009);
- Advised Iberia Líneas Aereas de España on the takeover bid over Amadeus by BC Partners and Cinven (4,6 bn);
- Advised Banco Popular on the takeover bid over Banco Pastor (€ 1,34 bn);
- Advised Nefinsa on the takeover bid over Grupo Uralita (€ 498 m);
- Advised Yell on the takeover bid over TPI (€ 3,3 bn); hostile takeover bid of Hidrocantábrico by EnBW and Ferroatlantica (€ 2,3 bn).
Advised also some of the most relevant private M&A deals:
- Advised FCC on the sale of a 24,9 % interest in FCC Servicios Medio-Ambiente to CPPG (€ 965 m);
- Advised American Tower on the acquisition of Telxius Europe and Telxius Latham (7,7 bn);
- Advised the controlling shareholder of Restaurant Brands Iberia (Burger King Spain) on its sale in favour of Cinven (€ 1 bn);
- Advised Mubadala on the sale of a 42% stake in Medgaz to Naturgy and Sonatrach (€ 550 m); Mubadala on the sale of a 37% stake in Cepsa to Carlyle (€ 2,9 bn);
- Advised OHL in the sale of OHL Concesiones to IFM (€ 2,775 bn);CVC in the acquisition of MIVISA (€ 514,9);
- Advised on the sale by EnBW of its 34,3 % interest in HC (€1,3 bn).
His broad ECM experience includes more than 30 IPOs, including the privatization of state-owned companies Iberia and Aldeasa, IPOs of Cortefiel, AUMAR, Grupo Ferrovial, PRISA, Telecinco, Cintra, GAM, Realia, Applus+, Euskaltel, Talgo, Unicaja, Axiare, and the intended IPO of CEPSA.
Professional Honors
- Leading Partner, Banking and Finance, Legal 500 (2025)
- Band 2, Capital Markets: Equity, Chambers and Partners Global (2025)
- Band 3, Corporate/ M&A: High-end Capability, Chambers and Partners Global (2025)
- Highly regarded, Capital Markets: Equity and M&A, IFLR1000
Professional Associations and Memberships
- Madrid Bar Association
Corporate Responsibility
- Chairman of Fundación Lo Que De Verdad Importa, since 2014
Admissions
- Madrid~Spain
Education
- Universidad CEU San Pablo (Law) (1986)
Languages
- English
- Spanish
Baker & McKenzie Madrid S.L.P. is a member of Baker & McKenzie International, a Swiss Verein.