Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 28-02-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | The Blackstone Group investment in Gianni Versace SPA | Industry: | Leisure Goods |
| Description: |
Simpson Thacher is representing The Blackstone Group (Blackstone) in connection with its investment in Gianni Versace SPA (Versace), a global, luxury fashion brand. Entities affiliated with Blackstone will acquire a 20% minority stake in Versace for a consideration of EUR210 million, comprising EUR150 million of fresh capital in Versace and EUR60 million paid for shares purchased from existing shareholders. The transaction is expected to close in early April.
The Simpson Thacher team for the transaction includes Michael Wolfson, Sinjini Saha, Anais Fritz, and Manuela Gonzalez-Arias (M&A), David Vann and Etienne Renaudeau (Competition), and Meredith Jones (Tax).
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| Financial Center: | London | Value: | 500.01-1000.00 |
| Advised Party: | Private Equity Investor | Law Firm | Simpson Thacher |
| Target Company Jurisdiction | Italy | Acquiror Jurisdiction | United States |
| Classification: |
Financial Buyer Acquisitions Minority Investment |
Lawyer | Michael O Wolfson |
