ZBV ABOGADOS ADVISES FÉNIX ENTERTAINMENT GROUP IN THE ACQUISITION OF LA RURAL EXHIBITION CENTER

23 Aug, 2012

Zang, Bergel & Viñes Abogados advised entertainment company Fénix Entertainment Group in the acquisition of Grupo De Narváez’s management and exploitation rights in Buenos Aires’ traditional exhibition center, La Rural.

 

La Rural is the largest exhibition center in Buenos Aires, venue of fairs, seminars, congresses and events visited by more than 35 million people in the last decade.

 

With headquarters in Buenos Aires and offices in Chile, Colombia, Peru and the US, Fénix is a leading company in entertainment and concerts, and it manages the exploitation rights of major venues such as Boca stadium, River Plate stadium and GEBA.

 

This week the two companies have announced an agreement through which Grupo De Narváez irrevocably commits to sell its stock in La Rural to Fénix Entertainment Group.  Closing is subject to certain conditions.

 

Zang, Bergel & Viñes Abogados acted as legal counsel of the buying party, through partners Pablo Vergara del Carril and Fernando Aguinaga, and associate Pilar Isaurralde.

 

Diego Zaffore and Celina Abbondati acted as legal counsel of Grupo De Narváez.

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