Pedersoli in the transfer of Banca Leonardo to Indosuez Wealth Management

Milan, 8 November 2017 – Pedersoli Studio Legale, with a team led by Carlo Re (Equity Partner) and composed of Luca Rossi Provesi (Senior Associate), Edoardo Pedersoli and Giulia Etzi Alcayde (both Associates), has advised the sellers and Banca Leonardo, one of the main players in the wealth management sector in Italy, in the agreements for the transfer of 67.67 % of the Bank’s corporate capital to Indosuez Wealth Management, the reference expert for global wealth management of Crédit Agricole group, through its controlled company CA Indosuez Wealth (Europe). Furthermore, CA Indosuez Wealth (Europe) will offer the other shareholders of Banca Leonardo to acquire their shares at the same price and conditions, in order to acquire 100% of the Bank.

The transaction is subject to the approval of the competent authorities and will be executed over the first semester of 2018.




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