Affinitas member firm Mijares Angoitia Cortés y Fuentes represented Grupo Televisa in the negotiation of several agreements with Live Nation Entertainment to move forward with the previously announced acquisition by Live Nation of Televisa’s unconsolidated 40% equity participation in OCESA Entretenimiento (OCESA), for USD 261,96m.
OCESA owns Ticketmaster México, OCESA Seitrack (specialized in artist management and booking), ICREA (corporate events) and Centro Citibanamex (dedicated to exhibitions and conventions).
This transaction was highlighted as “Deal of the Year” in the 2021 edition of the Mexico Annual Report issued by Transactional Track Record (TTR).
The team that advised Grupo Televisa was composed of partners Carlos Orcí, Francisco Fuentes, Francisco Glennie and Ricardo Maldonado, as well as trainee Iván Serralde.
