Space3 S.p.A completed the acquisition of 24% stake in Aquafil S.p.A from Three Hills Capital Partners and other shareholders.
Summary
Space3 S.p.A completed the acquisition of 24% stake in Aquafil S.p.A from Three Hills Capital Partners and other shareholders.Space3 S.p.A (BIT:SPA3) agreed to acquire 24% stake in Aquafil S.p.A from Three Hills Capital Partners and other shareholders for approximately 110 million on June 15, 2017. Space3 S.p.A will implement the merger by a capital increase at exchange rate of up to a nominal value of approximately 450 million to be executed by February 28, 2018. Alessandra Piersimoni, Roberto Distante and Francesca Peruzzi of Bonelli Erede Pappalardo Studio Legale and Fabrizio Scaparro, Rocco Gialanella and Paola Pagani of Giovannelli e Associati acted as legal advisor to Space3. Enrico Bazzano, Luca Sponziello, Sergio Mori and Rocco Gialanella of Freshfields Bruckhaus Deringer LLP acted as legal advisor to Aquafil. Tobia Croff and Emanuele Trucco of Shearman & Sterling LLP acted as legal advisors to Citigroup Global Markets Limited who acted as financial advisor to Space3 S.p.A. Space3 S.p.A (BIT:SPA3) completed the acquisition of 24% stake in Aquafil S.p.A from Three Hills Capital Partners and other shareholders on December 4, 2017.