Cuatrecasas, Gonçalves Pereira advises Caixabank and Barclays on merger by absorption


OperationCaixabank and Barclays
OperationCaixabank and Barclays

Caixabank absorbs Barclays and public deed is registered with commercial registry

Caixabank, S.A. and Barclays Bank, S.A.U. have completed their merger process after obtaining the required regulatory authorizations and registering the public deed of the merger with the commercial registry.

The transaction was closed at the start of the year when Caixabank acquired Barclays and its retail banking business in Spain for €800 million.

Through its Corporate and Commercial, and Finance practices, Cuatrecasas, Gonçalves Pereira advised the two banks on the merger’s commercial and regulatory aspects. The Iberian firm had also advised Caixabank on the acquisition process of Barclays Bank.