Executive Chairman and Managing Partner of Garrigues since September 2014.
Fernando Vives has more than thirty 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 practices 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: advising Telefónica in the sale of Telxius tower division to American Towers Corporation at record multiples for 7.7 billion euros (2021), advising Bankia on its merger by absorption with Caixabank for €4.3Bn (2020), advising Iberdrola in the merger by its US subsidiary, Avangrid, of PNM Resources for €3.6Bn (2020), advising Bankinter in the spin-off of its subsidiary Línea Directa Aseguradora for €1.4Bn (2019), advising International Airlines Group on the acquisition of Air Europa from Globalia for €1Bn (2019), advising Allianz on the sale to Banco Santander of 60% of Allianz Popular and on the termination of its bancassurance alliance with Banco Popular for €937 million (2019). He also gave advice to Blackstone on the €2 billion tender offer for 100% of Hispania SOCIMI (2018). Advice to Bankia on the €825 million merger by absorption of Banco Mare Nostrum (BMN), (2018). Advice on the €3.6 billion merger of Elektro Holding, S.A. and Neoenergia, S.A. (2017). Advice to Telefónica on the €1.3 billion deal to sell up to a 40 percent stake in its telecom masts subsidiary Telxius to private equity firm KKR (2017). €740 million acquisition by Telefónica of an additional 6% stake in Germany-based Telefónica Deutschland from Netherlands-based KPN (2017). Advice on the €3.2 million IPO of Gestamp Automoción (2017). Advice to the selling shareholder and the company on all legal aspects of the €3 Bn IPO of Prosegur Cash, a spin-off of Prosegur (2017). amongst many others.