Cuatrecasas Advises CIE Automotive

Cuatrecasas has advised CIE Automotive, a business group specializing in the manufacture of automotive components, on formulating a voluntary and partial public tender offer for 9.6% of its share capital, for up to a maximum of €278.9 million.

The transaction will enable CIE Automotive to open a liquidity window in the market for its shareholders and, after settlement, to provide new liquidity to the stock and, in the best-case scenario, increase its free float on the stock market.

Structured in a demanding time frame, the advisory process is a clear demonstration of Cuatrecasas’s ability to provide a service of the highest level and sophistication in the Spanish capital markets field.