Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 20-11-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | Cielo S.A. and Banco do Brasil Credit and Debit Card JV | Industry: | Financial Services |
| Description: |
Davis Polk advised Deutsche Bank, as financial adviser to Cielo S.A., in connection with the formation of a joint venture with Banco do Brasil S.A. to manage credit and debit card transactions under the Ourocard arrangement. The JV valuation is RD11.6 billion, and its capital participation will be divided into 70% for Cielo (RD8.1 billion) and 30% for Banco do Brasil.
The Davis Polk corporate team included partners Phillip R. Mills and Manuel Garciadiaz and associate Debora A. Ayoub.
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| Financial Center: | New York | Value: | 100.01-500.00 |
| Advised Party: | Financial Advisor 2 | Law Firm | Davis Polk |
| JV Party Jurisdiction | Brazil | JV Party Jurisdiction | Brazil |
| Classification: |
Joint Ventures Continuing Business Partnership |
Lawyer | Phillip R Mills |
