Ughi e Nunziante – Studio Legale assisted Zodiac Energy Plc in negotiating the agreements relating to the acquisition from Coro Energy plc, listed on the London AIM, of 100% of Coro Europe Ltd, that operates in Italy in the exploration and production of natural gas through its subsidiary, Apennine Energy S.p.A., for a total consideration of up to EUR 7.5M. The transaction is subject, among other things, to regulatory approval in Italy.
The Ughi e Nunziante team was led by Partner Roberto Leccese. Partner Gianluigi Pugliese, together with Associate Anna Vanni, handled the security package, and Senior Associates Camilla Savarese and Linda Favi, the corporate and tax profiles.
Coro Energy was assisted by Pinsent Masons LLP.