1

AFIG

We advise on the full range of antitrust, foreign investment and regulatory issues, including high-profile cartel advice – covering the full spectrum of challenges that arise before, during and after an investigation –, complex merger control (including multijurisdictional filings), State aid and utilities regulation.

One of the main strengths of our team relies on the ability to provide truly seamless advice and assistance across different practices and offices on a global scale. This allows us to serve a number of national and international clients on their most complex and innovative deals both in Portugal and cross-border.

2

Banking & Finance

Our banking team advises banks and other financial institutions, companies and governments on domestic and international bank financing transactions across every industry, commercial, financial and governmental sector.

Our teams have advised on some of the largest, most complex and innovative deals in the market. We structure innovative solutions and our experience includes: acquisition finance, event-driven financings, debt restructurings revolving credits, leveraged finance, syndicated lending, trade and emerging markets finance, real estate finance, high yield, restructuring and insolvency, financial structuring, asset finance, loan portfolio sales and purchases, in particular non-performing loans and REOs.

3

Capital Markets

From debt and equity issues through to derivatives and structured finance, our capital markets practice is at the forefront of the most complex and innovative developments in the international capital markets. We have unrivalled experience covering international and domestic offerings, corporate governance and compliance across the full range of equity and equity–related transactions, including IPOs, secondary offerings, block trades, rights issues and convertible and exchangeable bonds.

4

Corporate/M&A

We advise corporates, financial sponsors and investment banks on their most significant and complex corporate transactions in all sectors and geographies.

We cover the full spectrum of corporate work advising buyers, sellers and financial advisers on public takeovers, private M&A, equity capital markets, private equity, joint ventures and commercial partnerships, disposals, corporate restructurings and board advisory issues. Our end-to-end approach brings together our leading transactional expertise with the full range of specialist areas including antitrust, employment and incentives, environmental, intellectual property, pensions, tax and technology.

5

Employment

Employment law is one of the fastest moving and most challenging areas of law. Our team in Lisbon has been helping clients to anticipate and implement changes and processes before they impact their business and ensuring that they are one step ahead and prepared to react and adapt to changes.

We have been helping our clients manage and mitigate risks on the most complex and sensitive issues concerning the employees. Due to our unique and balanced practice model, we are prepared to respond to all aspects of strategic advisory work, notably when establishing and/or closing a business, advising on corporate reorganisations and cross-border mergers, demergers and spin-offs, and covering all employment aspects in major M&A transactions and contentious advice.

6

Finance, Energy & Infrastructure

We specialise in large scale, award winning and market-leading Energy & Infrastructure transactions across the world - covering renewables, nuclear, hydrogen and other decarbonisation/energy transition technologies, infrastructure (including digital, social and transport), batteries, smart meters and storage, mining, oil and gas, refining and petrochemicals, LNG, thermal power and water.

We act for governments, sponsors, financial institutions, contractors and suppliers. Our broad experience advising the full range of market participants means that we are able to anticipate, and importantly to understand, issues and problems that may arise during the course of a transaction and find constructive solutions to them.

7

Litigation, Arbitration & Investigations

Our team acts for both claimants and defendants in large-scale, high value and complex cases. We work to resolve the high-pressure disputes that can arise around high-stakes commercial transactions, enabling our clients to focus on the most important thing - their business. Our lawyers are adept at advising on and resolving issues such as contractual interpretation, joint venture and shareholder disagreements and post-acquisition disputes. We are also often called on at the advisory stage to steer negotiation tactics, mitigate the risk of litigation and limit the potential loss and disruption to our clients that hard-fought disputes can involve.

8

Public Law & Regulatory

Linklaters has extensive experience of advising on the application of the EU procurement directives and implementing regulations adopted in Portugal. We have been involved in various key projects in Portugal and abroad, acting for both private and public sector clients (including governments), who have required a combination of detailed technical legal expertise, innovative and creative thinking, and commercial focus. Our public procurement team advises bidders and contracting authorities on the awarding of public contracts; contracting authorities, utilities and related entities on issues of procurement law arising from acquisitions, demergers and restructurings; complainants and defendants in litigation arising from challenges under the procurement rules; amongst others.

9

Restructuring & Insolvency

Our experience ranges from multi-phase urban regeneration schemes to corporate joint ventures and management arrangements; from trophy asset investment acquisitions and disposals to complex debt financings.

10

Tax

Our integrated teams of tax, corporate, finance, regulatory and dispute resolution lawyers have a broad client base, spanning corporates, governments/sovereigns, funds and financial institutions. This results in a rounded approach and tailored, realistic, commercially-sound advice. Our expertise and experience of advising on the tax aspects of corporate transactions is unrivalled. We frequently work on structuring domestic and cross-border M&A, joint ventures and demergers, as well as corporate reorganisations.