Practice Areas - Equity Capital Markets Law Firms and Lawyers
Deal Date: | 27-06-2014 | Practice Area: | Equity Capital Markets |
Deal Title: | Salini Costruttori Institutional Placement of Shares | Industry: | Construction & Materials |
Description: |
White and Case LLP advised Salini Impregilo S.p.A., as issuer, and Salini Costruttori SpA, as selling shareholder, on the US and UK law aspects of its EUR513.3 million share placement to institutional investors of Salini Impregilo SpA's shares.
The placement consisted of a primary sale of newly issued Salini Impregilo shares for approximately EUR165.5 million and a secondary sale of existing Salini Impregilo shares for approximately EUR347.8 million. The shares were sold by Salini Costruttori SpA, the principal shareholder of Salini Impregilo. The overall value of the transactions was approximately EUR513.3 million, not including the overallotment option granted to the underwriters.
Salini Impregilo is a global player in heavy civil engineering and construction, specializing in large scale, complex infrastructure projects throughout the world. It is the largest construction company in Italy.
The White and Case team was led by partners Michael Immordino (Milan and London), Ferigo Foscari (Milan) and Nicholas Lasagna (Milan) with support from associates Derin Altan (London), Angelica Longanesi Cattani, Andrea Graziani (all Milan) and lawyers Luca Bertazzo, Luca Bella and Francesca Barra (all Milan).
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Financial Center: | Milan | Value: | 100.01-500.00 |
Advised Party: | Issuer | Law Firm | White & Case |
Issuer Jurisdiction - | Italy | Listing Jurisdiction - | Italy |
Classification: |
Secondary Offerings and Placings |
Lawyer | Michael S Immordino |