PRESS RELEASE
8 August 2024

PLMJ Advises SIC On Investment To Buy BOL

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PLMJ

Contributor

PLMJ is a law firm based in Portugal that combines a full service with bespoke legal craftsmanship. For more than 50 years, the firm has taken an innovative and creative approach to produced tailor-made solutions to effectively defend the interests of its clients. The firm supports its clients in all areas of the law, often with multidisciplinary teams, and always acting as a business partner in the most strategic decision-making processes.
PLMJ advised SIC - Sociedade Independente de Comunicação, S.A. on a joint investment with the CREST II - FCR fund to acquire a stake in the share capital of Etnaga...
Portugal

PLMJ advised SIC - Sociedade Independente de Comunicação, S.A. on a joint investment with the CREST II - FCR fund to acquire a stake in the share capital of Etnaga - Consultores Sistemas de Informação, the company that owns the BOL online ticketing system.

The PLMJ team was led by Bárbara Godinho Correia, a partner in the firm's Corporate M&A practice, and Ânia Cruz and Rita Pereira Jardim, senior associates in the same practice.

With this agreement, SIC will now hold an indirect 27% stake in Etnaga. This investment is part of SIC's strategic plan, which prioritises accelerating digital transformation and diversifying SIC's revenue streams.

Contributor

PLMJ is a law firm based in Portugal that combines a full service with bespoke legal craftsmanship. For more than 50 years, the firm has taken an innovative and creative approach to produced tailor-made solutions to effectively defend the interests of its clients. The firm supports its clients in all areas of the law, often with multidisciplinary teams, and always acting as a business partner in the most strategic decision-making processes.

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