Executive Chairman and Managing Partner of Garrigues since September 2014.
Fernando Vives has more than twenty-five years' experience at Garrigues and has been a partner since 1998.
Between 2001 and 2009 he headed Garrigues' Corporate/Commercial Law practice, encompassing the securities market, financial services, real estate, energy and telecommunications, EU and competition and M&A areas.
He practises in the areas of securities market law, corporate law, M&A, private equity, banking & finance law and insurance law, with particular emphasis on capital markets and financial services.
He specializes in major transactions involving mergers, reorganizations, tender offers, corporate LBOs, securities issues and public offerings, and regulatory matters concerning listed companies. He regularly advises on major M&A deals and is actively involved in private equity transactions, working on related tasks and on raising outside financing. He also has a wealth of experience in the insurance industry, where he advises numerous insurance groups operating in Spain.
He also acts as adviser to the shareholders' meetings and boards of directors of some of the largest listed companies in Spain on corporate governance-related matters: Telefónica, SA, Banco Bilbao Vizcaya Argentaria, SA, Iberdrola, SA, to name but a few.
Fernando has acted as lead lawyer in a host of high-profile Spanish and international M&A and corporate finance deals in recent years, including for instance: Legal advice to Telefónica in the sell up of a 40% stake in its telecom subsidiary Telxius to private equity KKR for €1,300 million (2017), advising in the €9,400 million non-proportional demerger of Enel Green Power (2016), legal advice to BBVA on the €2,000 million share issue through an accelerated bookbuilt offering in the context of the increase of its holding in Turkish bank Garanti (November 2014). Lead lawyer in a host of high-profile Spanish and international M&A and corporate finance deals in recent years, including for instance: the acquisition by Banco Bilbao Vizcaya Argentaria, S.A. of Catalunya Banc, S.A. (2014) and Unnim Banc, S.A.U. (2012); the issue of contingent convertible bonds by Banco Bilbao Vizcaya Argentaria, S.A. in 2014 (€1500 million) and 2013 ($1500 million) (first issue of this type of instrument in Europe); the €405 million sale of Seguros Groupama to Grupo Catalana Occidente (2012), the Latin America insurance distribution agreement between Banco Santander and Zurich valued at €2.308 billion (2011), the €6.5 billion merger of Iberia and British Airways (2011), the €5.059 billion acquisition by BBVA of a 24.98% holding in Turkiye Garanti Bankasi (2010), the €2.875 billion tender offer for Itínere Infraestructuras (2009); the €14 billion tender offer for Altadis (2008); legal advice to the Zurich Group on setting up a joint venture with Banco Sabadell to engage in the business of bancassurance in the classes of life insurance, general insurance and pensions, one of the biggest bancassurance deals ever to take place in Spain (2008) and the US$ 9 billion acquisition of Compass Bancshare by Banco Bilbao Vizcaya Argentaria (2007).