Innovation Network Corporation of Japan and Marubeni Corporation (TSE:8002) agreed to acquire AGS - Administração e Gestão Sistemas de Salubridade, S.A. from Somague Ambiente, S.a. for ¥10 billion on January 8, 2014.. Innovation Network Corporation of Japan and Marubeni Corporation (TSE:8002) signed an agreement to acquire AGS - Administração e Gestão Sistemas de Salubridade, S.A. from Somague Ambiente, S.a. on June 24, 2014. Innovation Network Corporation of Japan and Marubeni Corporation will each obtain 50% stake in AGS.

The European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA agreement. Diogo Perestrelo, Elsa Pizarro Pardal, Nuno Marques, Guilherme Seabra Galante and Catarina Garin of Cuatrecasas, Gonçalves Pereira, S.L.P. acted as legal advisors for Sacyr Vallehermoso, S.A. and Valoriza Gestión, S.A. GBS Finanzas acted as financial advisor for Somague Ambiente, S.a. KPMG acted as financial advisor and Uría Menéndez acted as legal advisors for Innovation Network Corporation of Japan and Marubeni Corporation. Cuatrecasas, Gonçalves Pereira & Associados R.L. acted as legal advisor to Somague Ambiente.