HNA Group $450 million acquisition of 24% of Azul Linhas Aéreas Brasileiras

15/4/2016
Public acquisition

$ 450 million

Completed

15/4/2016


Overview:

  • HNA has acquired 24% of Azul Linhas Aéreas Brasileiras for $450 million.
  • TozziniFreire Advogados (Marcio Mello Silva Baptista) and Shearman & Sterling (Stuart Fleischmann) advised the acquirer.
  • Pinheiro Neto Advogados (Vânia Marques Ribeiro Moyano, Álvaro Uliani dos Santos and Cristianne Saccab Zarzur) advised the seller.

Rani Mehta - Journalist - Latin America

Jurisdictions:

Brazil
China

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Aviation


Firms:

Party: Azul Linhas Aéreas (Seller)


Party: Azul Linhas Aéreas Brasileiras (Seller)


Party: HNA Group (Acquirer)