M&A registers signs of recovery despite the impact of Covid-19

Giovanni Pedersoli, Equity Partner at Pedersoli Studio Legale, was interviewed by ItaliaOggi on M&A and Private Equity market trends for 2020, following the impact of COVID-19.

 

ItaliaOggi

October 2020

To increase the number of companies on the Stock Exchange

Marcello Magro, Equity Partner at Pedersoli Studio Legale, interviewed by Milano Finanza on measures to relaunch IPOs for SMEs, family-owned businesses and companies focusing on innovation.

 

Milano Finanza

October 2020

Pedersoli with Fideuram – Intesa Sanpaolo Private Banking in the strategic partnership with REYL & Cie

Milan, 6 October 2020 Fideuram – Intesa Sanpaolo Private Banking, the Private Banking Division of Intesa Sanpaolo Group and REYL & Cie SA, an independent and diversified banking group based in Geneva, have entered into an agreement for a strategic partnership: Fideuram – Intesa Sanpaolo Private Banking will acquire a 69% interest in REYL and will assign its Swiss subsidiary Intesa Sanpaolo Private Bank (Suisse) Morval, to REYL.

As a result of the transaction, which is subject to the clearances of the competent supervisory authorities, the company resulting from the merger will retain its headquarters in Geneva and will count approximately 400 employees, assets under management in excess of CHF 18 billion and regulatory net capital of around CHF 250 million, implementing also a joint long-term strategic plan.

The team at Pedersoli Studio Legale advising Fideuram was led by Giovanni Pedersoli (Equity Partner), involving also Giuseppe De Cola (Senior Associate). Regulatory aspects have been managed by Alessandro Zappasodi (Partner) together with Federico Lombardi (Associate).

Fideuram has been also assisted by PwC Strategy& and CFM.

Deloitte SA and Schellenberg Wittmer Ltd assisted REYL.

 

 

FOR FURTHER INFORMATION:

Pedersoli Studio Legale
Sebastiano Distefano, Laura Sala
Tel. +39 02303051
sebastiano.distefano@pedersoli.it, laura.sala@pedersoli.it

Ad Hoc Communication Advisors
Marina Beccantini, Alessandro Michielli
Tel. +39 027606741
marina.beccantini@ahca.it, alessandro.michielli@ahca.it

Pedersoli awarded Domestic Arbitration Law Firm of the Year at the Legalcommunity Litigation Awards 2020

Pedersoli in the demerger of ChemChina/CNRC from Silk Road Fund

Milan, 30 September 2020By executing the demerger of Marco Polo International Italy S.r.l., a holding company controlled by ChemChina/CNRC, the division of the corporate ownership chain of Pirelli from Silk Road Fund Co., Ltd (“SRF“) has been completed, as already provided for upon listing of Pirelli in 2017.

As a result of the demerger, PFQY S.r.l., the Italian vehicle fully owned by SRF, has acquired, inter alia, no. 90.212.508 shares of Pirelli, equal to 9.02% Pirelli’s share capital.

The agreements for the demerger and the Italian corporate law matters have been managed by Pedersoli Studio Legale with a team comprising Andrea Gandini (Equity Partner) and Lorenzo Rossi Casana (Associate). Maisto e Associati, with Marco Valdonio and Cesare Silvani (Partners) have counselled on domestic tax aspects of the demerger transaction. Studio Notarile Marchetti has provided assistance on all corporate deeds.

 

 

FOR FURTHER INFORMATION

Pedersoli Studio Legale
Sebastiano Distefano, Laura Sala
Tel. +39 02303051
sebastiano.distefano@pedersoli.it, laura.sala@pedersoli.it

Ad Hoc Communication Advisors
Marina Beccantini, Alessandro Michielli
Tel. +39 027606741
marina.beccantini@ahca.it, alessandro.michielli@ahca.it

Pedersoli with WIIT in the acquisition of myLoc managed IT AG

Milan, 21 September 2020 Pedersoli Studio Legale has advised WIIT S.p.A., one of the main Italian players in the market of Cloud Computing services for businesses focused on the provision of permanent Hybrid Cloud and Hosted Private Cloud services for critical applications, a company listed on the MTA market, STAR segment, organised and managed by Borsa Italiana S.p.A., in the acquisition of 100% share capital of myLoc managed IT AG, a German provider of cloud and colocation services for businesses and individuals, member of the ProSiebenSat.1 Media SE Group.

This is WIIT’s first international acquisition transaction.

Pedersoli team that has counselled the purchaser has been led by Marcello Magro (Equity Partner) and included Marco Molineris (Counsel) and Fabrizio Grasso (Senior Associate).

Weitnauer has acted as WIIT’s local counsel. ING Corporate Finance has acted as financial advisor and Deloitte as tax and accounting advisor.

 

 

FOR FURTHER INFORMATION:

Pedersoli Studio Legale
Sebastiano Distefano, Laura Sala
Tel. +39 02303051
sebastiano.distefano@pedersoli.it, laura.sala@pedersoli.it

Ad Hoc Communication Advisors
Marina Beccantini, Alessandro Michielli
Tel. +39 027606741
marina.beccantini@ahca.it, alessandro.michielli@ahca.it

Pedersoli was awarded “White-Collar Defense & Investigations Law Firm of the Year” at the Legalcommunity Labour Awards 2020

Pedersoli and K&L Gates in the acquisition of Rosantica by Made in Italy Fund

Milan, 17 September 2020Pedersoli Studio Legale has advised Made in Italy Fund, a private equity fund promoted by Quadrivio & Pambianco, in the acquisition of a majority interest in Rosantica, a company specialising in the manufacture of jewel bags and luxury costume jewellery.

Pedersoli team has been led by Ascanio Cibrario (Equity Partner), involving Luca Rossi Provesi (Counsel) (in photo left), Edoardo Augusto Bononi and Giancarlo Maniglio (Associates), as to corporate M&A aspects, together with Andrea Scarpellini (Senior Associate), as to labour law matters.

The entrepreneur Michela Panero has been counselled by K&L Gates represented by Arturo Meglio (Partner) (in photo right) and Luca Nardello (Associate), as to legal aspects. Studio Barbara Giannelli and Laura Terenzi acted as advisors.

 

FOR FURTHER INFORMATION:

Pedersoli Studio Legale
Sebastiano Distefano, Laura Sala
Tel. +39 02303051
sebastiano.distefano@pedersoli.it, laura.sala@pedersoli.it

Ad Hoc Communication Advisors
Marina Beccantini, Alessandro Michielli
Tel. +39 027606741
marina.beccantini@ahca.it, alessandro.michielli@ahca.it

Pedersoli with Italmobiliare in the acquisition of the control of Officina Profumo Farmaceutica di Santa Maria Novella

Milan, 7 September 2020Italmobiliare has completed the acquisition of 60% share capital of Officina Profumo Farmaceutica di Santa Maria Novella S.p.A., one of the most ancient perfume-pharmaceutical workshops in the world.

The transaction executed today enables the acquiring entity, in addition to an interest of 20% acquired at the beginning of the year, to hold 80% of the company’s share capital.

Italmobiliare has been advised, also in this transaction phase, by Pedersoli Studio Legale with a team led by Antonio Pedersoli (Equity Partner) and composed of Jean-Daniel Regna-Gladin (Counsel), including Giuseppe De Cola and Gregorio Lamberti (Associates). In the context of the transaction certain administrative law matters have been analysed by Sergio Fienga (Equity Partner) and Alessandro Zuccaro (Associate), while those relating to antitrust law issues by Alessandro Bardanzellu (Partner).

 

 

FOR FURTHER INFORMATION:

Pedersoli Studio Legale
Sebastiano Distefano, Laura Sala
Tel. +39 02303051
sebastiano.distefano@pedersoli.it, laura.sala@pedersoli.it

Ad Hoc Communication Advisors
Marina Beccantini, Alessandro Michielli
Tel. +39 027606741
marina.beccantini@ahca.it, alessandro.michielli@ahca.it

Deals’ aspiration but COVID-19 modifies criteria for evalutaion

Alessandro Marena, Equity Partner at Pedersoli Studio Legale, was interviewed by Il Sole 24 Ore on latest M&A and Private Equity market trends following the COVID-19 impact.

 

Il Sole 24 Ore

September 2020