Live Nation’s $20 Million Acquisition of IMM Live Ltda Shares in Rock World

Pinheiro Neto advised IMM Live Ltda on the sale. Freitas Leite advised Live Nation International Holdings and Pinheiro Guimarães advised Rock World S.A.

Live Nation executed the acquisition from brazilian live music promotion company IMM Live Ltda of its shares in Rock World S.A.

Live Nation Entertainment, Inc. produces live concerts and sells tickets to those events over the Internet. The company, led by Michael J Rapino, Kathy Willard and Carrie Davis, in 2018 recorded $10.7 billion revenues.

IMM Live in Rock World runs the Rock in Rio music festivals and owns all assets associated with the event.

Closing is subject to Brazil’s competition authority approval.

Freitas Leite advised Live Nation International Holdings B.V. with João Pedro Barroso do Nascimento, Pedro Afonso Gutierrez Avvad, Amanda Peres Fernandes and Júlia Rodrigues Costa de Serpa Brandão.

Pinheiro Neto advised IMM Live Ltda with Joamir Müller Romiti Alves (Picture) Flávio Veitzman (Tax), Élcio Aulicinio Borges and Paula Zugaib Destruti.

Pinheiro Guimarães advised Rock World S.A. and Rock City S.A. with Marcelo Lamy Rego, Maria Amélia Lisbão Senra Mastrocola and Caio Itiberê Ferreira da Silva.

Involved fees earner: João Pedro Barroso do Nascimento – FreitasLeite; Pedro Afonso Gutierrez Avvad – FreitasLeite; Amanda Peres – FreitasLeite; Júlia Serpa Brandão – FreitasLeite; Caio Itiberê Ferreira da Silva – Pinheiro Guimarães; Marcelo Lamy Rego – Pinheiro Guimarães; Maria Amélia Lisbão Senra Mastrocola – Pinheiro Guimarães; Élcio Aulicinio Borges – Pinheiro Neto; Joamir Muller Romiti Alves – Pinheiro Neto; Flavio Veitzman – Pinheiro Neto; Paula Zugaib Destruti – Pinheiro Neto;

Law Firms: FreitasLeite; Pinheiro Guimarães; Pinheiro Neto;

Clients: IMM Live Ltda; Live Nation; Rock World SA;

Author: Ambrogio Visconti.