The law firms involved in the merger Inwit-Vodafone Towers

Milan, 19 November 2019 – Pedersoli Studio Legale has advised Infrastrutture Wireless Italiane S.p.A. (“Inwit”) in the structuring of the merger project and the additional documents of the merger by incorporation of Vodafone Towers S.r.l. (“VOD Towers”), advised by Nctm Studio Legale, into Inwit.

The merger project, approved on 18 November 2019 by the Board of Directors of Inwit, represents one of the milestones of the transaction relating to the combination of Vod Towers and Inwit towers and that will result in the first Italian Tower Operator and the second independent operator in Europe, having more than 22 thousand towers. Upon completion of the merger, Inwit will be equally owned by TIM and Vodafone Europe, the companies currently controlling respectively Inwit and VOD Towers.

The merger project will be submitted to the Shareholders’ Meeting of Inwit next 19 December by white wash procedure. The execution of the transaction is subject to certain conditions precedent.

Pedersoli Studio Legale has advised Inwit with a team led by Carlo Pedersoli (Equity Partner) together with Andrea Gandini (Equity Partner), involving also Diego Riva (Equity Partner) and Marida Zaffaroni (Partner) as to M&A aspects and commercial agreements, Davide Cacchioli (Equity Partner) and Alessandro Bardanzellu (Partner) in relation to antitrust and golden powers issues, while Marco Trevisan (Senior Associate), Rosaria Costanzo and Alessandro Zuccaro (Associates) have provided legal assistance for administrative law matters. Maura Magioncalda (Equity Partner), with the support of Michele Parlangeli (Senior Associate) and Giuseppe Smerlo (Associate) have advised on the release of Binding Commitments by the lenders and Francesca Leverone (Junior Partner) has advised on Capital Market aspects.

Nctm Studio Legale has advised Vodafone with a team led by Vittorio Noseda and Matteo Trapani (Equity Partners), involving also Lucia Corradi (Salary Partner).

In the context of the agreements entered into for the said transaction, TIM has been advised by the international law firm Gianni, Origoni, Grippo, Cappelli & Partners with a team led by Francesco Gianni and Alfredo D’Aniello (Partners), involving also Giulia Staderini (Of Counsel), Chiara Gianni and Filippo Ughi (Counsels), Lavinia Bertini and Caterina Pistocchi (Associates), while Piero Fattori and Salvatore Spagnuolo (Partners) have provided legal assistance as to antitrust issues.




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