Clifford Chance advises Macquarie Asset Management on reaching an agreement for the acquisition of a 40% stake in Luz Saúde

Clifford Chance has advised Macquarie Asset Management, through Macquarie European Infrastructure Fund 7, on reaching an agreement for the acquisition of a 40% stake in Luz Saúde, one of Portugal’s leading private hospital groups, for an approximate amount of EUR 310 million.

The stake will be acquired from Fidelidade, Portugal’s leading insurance company, which will retain the remaining 60%. Luz Saúde operates 14 private hospitals, 15 outpatient clinics, and one senior residence, offering specialised clinical services across more than 65 medical specialties and employing a team of over 5,300 healthcare professionals nationwide.

The Clifford Chance team advising on the transaction was led by Private Equity / M&A partner Javier Amantegui, together with counsel Javier Olabarri, senior associate Patricia Puertas, and associate Sofía Albiñana. Antitrust matters were coordinated by senior counsel Begoña Barrantes and senior associate Ana Latorre.

For Portuguese law matters, Clifford Chance has worked in collaboration with the law firm Morais Leitão.