Carlyle receives legal guidance for relinquishing shares in Prima Assicurazioni, as advised by our legal firm.
In a significant deal, global law firm White & Case LLP has advised global investment firm Carlyle on the sale of a two percent stake in Prima Assicurazioni S.p.A, an Italian leader in direct insurance distribution. The key partners involved in this transaction were Giovanni Spedicato, Leonardo Graffi, and Michael Immordino.
Giovanni Spedicato, based in Milan, specializes in Mergers & Acquisitions, Private Capital, and Foreign Direct Investment (FDI) Reviews. His expertise was crucial in navigating the corporate and contractual issues related to the sale.
Leonardo Graffi, who works in both Milan and London, brings a wealth of experience in Mergers & Acquisitions, Private Capital, Foreign Direct Investment (FDI) Reviews, Life Sciences and Healthcare, Technology, and Financial Institutions to the table.
Michael Immordino, based in London and Milan, is an expert in Debt Finance, Capital Markets, Mergers & Acquisitions, Private Capital, Life Sciences and Healthcare, and Shareholder Activism. His expertise was instrumental in guiding Carlyle through the complexities of the deal.
The transaction also included call and put options over the remaining 49 percent of Prima Assicurazioni, with AXA signing for the acquisition of a 51 percent interest. The sale was facilitated through Carlyle's investment vehicle Primetech.
However, the completion of the transaction is subject to regulatory approvals. For more information, interested parties are advised to contact the local media contact.
White & Case LLP's service areas include Mergers & Acquisitions, Private Capital, Financial Institutions, Western Europe, Italy, and the United Kingdom. The firm's commitment to excellence and expertise in complex M&A deals made them the ideal choice for Carlyle in this transaction.
[1] Source: White & Case LLP press release, dated 1st January 2022.
- Michael Immordino, an associate at White & Case LLP, specializes in Debt Finance, Capital Markets, Mergers & Acquisitions, and more, making him a key player in the firm's practice.
- The regulatory approvals are a crucial step in the completion of the significant deal involving Carlyle's sale of a two percent stake in Prima Assicurazioni S.p.A.
- In addition to the sale, call and put options over the remaining 49 percent of Prima Assicurazioni were included in the transaction, with AXA acquiring a 51 percent interest.
- Leonardo Graffi, partner at White & Case LLP, brings expertise in various areas such as Mergers & Acquisitions, Private Capital, Life Sciences, Technology, and Financial Institutions to the table.
- White & Case LLP, a global law firm, has a long-standing presence in Western Europe, Italy, and the United Kingdom, with services including Mergers & Acquisitions, Private Capital, and Financial Institutions.
- The sale was facilitated through Carlyle's investment vehicle Primetech, demonstrating the firm's active involvement in corporate and capital markets activities within the industry.
- The key partners involved in the deal, including Giovanni Spedicato, Leonardo Graffi, and Michael Immordino, each bring unique skills and experiences to their roles.
- Interested parties seeking further information about the transaction should contact the local media contact, as per the White & Case LLP press release dated 1st January 2022.
