Latham & Watkins Advises Mubadala Capital on Investment in Babel

Mubadala Capital has signed an agreement to acquire a 65% stake in Babel, the Spain-based IT consulting firm.

Latham & Watkins LLP represents Mubadala Capital in the transaction with a corporate deal team led by Madrid partners José Antonio Sánchez-Dafos and Alejandro Ortiz and UAE partner Chris Lester, with associates Ori Assa, Lucía de Bustos, María Domingo, and Álvaro Mata. Advice was also provided on tax matters by partner Jordi Domínguez, with associates Juan Rodríguez and Ana Serrano; on antitrust matters by partner José María Jiménez-Laiglesia; on regulatory matters by partner José María Alonso, with associate Telmo Iriondo; and on employment matters by partner Naiara Rodríguez-Escudero, with associate María Goñi.

Babel is a Spanish multinational technology company specializing in digital transformation solutions with a presence in Latin America, Europe, and Africa.