Global law firm White & Case LLP has advised global hearing solutions and services leader Amplifon on its €453 million capital increase through the issuance of 45,300,000 new shares.
The shares represent approximately 20 percent of Amplifon's share capital prior to the capital increase, and their placement to qualified investors via an accelerated bookbuilding process (ABB).
The proceeds from the capital increase will be used entirely to finance the cash consideration for the acquisition of the "Hearing" business from GN Store Nord A/S, in which White & Case advised Amplifon on the related financing agreements totaling €1.8 billion.
The White & Case team which advised on the transaction was led by partners Michael Immordino (London & Milan) and Alessandro Picchi (Milan) and included associate Carlotta Mastria and lawyer Anna Sabatti (both Milan).
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