Carlyle Partners VII, L.P. managed by The Carlyle Group L.P. (NasdaqGS:CG) agreed to acquire unknown minority stake in Grupo Madero for BRL 100 million on January 25, 2019. In a related transaction, Carlyle will acquire new shares in Grupo Madero for BRL 600 million. Carlyle will acquire 23% stake in Grupo Madero through both the transactions. The transaction is subject to anti-trust review and regulatory approval. Pinheiro Neto Advogados and Maurizio Levi-Minzi, Peter A. Furci, Thomas Lopez and Rafael Thor of Debevoise & Plimpton LLP acted as legal advisors while Banco Santander, S.A. (BME:SAN) acted as financial advisor for Carlyle. Machado, Meyer, Sendacz e Opice acted as legal advisor for Grupo Madero.