Ughi e Nunziante antitrust counsel to Bain in acquisition of Italian data bank Cerved
Source: Ughi e Nunziante
The Firm’s antitrust department successfully represented Bain Capital in the filing with the Italian Antitrust Authority relating to the acquisition – together with Clessidra – of 92% of the shares of Centrale dei Billanci, a company which holds 85% of Cerved Business Information. Bain (as to 80%) and Clessidra (as to 20%) purchased the stake from a pool of banks, including Intesa Sanpaolo, UniCredit, Gruppo Montepaschi, Banco Popolare, Banca d’Italia, BNL and UBI.
Cerved is a leading provider of business information in Italy, and the acquisition is one of the largest private equity transactions completed in Italy in 2008.