Completion of a business combination

Legal assistance in a business combination concerning an Italian bank.

2018

The Firm provided assistance for the completion of a business combination aimed at the purchase of almost the entirety of the share capital of a bank by a Special Purpose Acquisition Company (SPAC).

In particular, following the occurrence of certain conditions precedent (among which the obtainment of an authorization from ECB and the approval by SPAC shareholders’ meeting), the transaction determined the acquisition of around 99% percent of the bank’s share capital, through simultaneous sale and contribution agreements.

The Firm assisted the bank and the sellers in all legal aspects connected to the completion of the above transaction, including the drafting and negotiation of the relevant contractual documents.

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