MILAN – 25 May, 2022 – Greenberg Traurig Santa Maria assisted Affide (Custodia Valore – Credito su Pegno, Dorotheum Group) in connection with an agreement with Banca Carige regarding the transfer of the Parent Company and Banca del Monte di Lucca’s loans against pledge business. The transaction constitutes the sale of a line of business subject to obtaining the necessary approval by the relevant authorities. The transaction is expected to close during the second half of 2022.
Affide was assisted by Greenberg Traurig Santa Maria on aspects with a team composed of Partner Pietro Caliceti, Senior Associates Dante Campiverdi and Luigi Iovino with Trainee Cecilia di Prisco for due diligence and contracts. A team composed of Partner Edoardo Gambaro, Senior Associate Pietro Missanelli and Trainee Martino Basilisco assisted on antitrust issues. A team composed of Partner Francesca Torricelli and Associate Mara Saric assisted the client on Italian government intervention powers concerning private investments in strategic companies, the Golden Powers.
Affide (Custodia Valore - Credito su Pegno S.p.A.) is known as a leading player in the loan against pledge sector in Italy and Europe. Part of the Dorotheum Group, Affide is also one of the largest operators in Italy in precious auctions.
Greenberg Traurig Santa Maria is the result of the combination of Greenberg Traurig, LLP with its long-term ally, Santa Maria Studio Legale Associato - a renowned legal boutique, founded in 1970 by Alberto Santa Maria in Milan. Greenberg Traurig Santa Maria is the fifth GT office in Europe and the 40th office in the world and comprises more than 50 lawyers. Web: https://www.gtlaw.com/en/locations/milan
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