White & Case advises Rossini on €10.7 billion Recordati voluntary public tender offer

Global law firm White & Case LLP has advised Rossini S.à r.l. (Rossini), a company indirectly controlled by CVC Capital Partners VII Limited, on the voluntary public tender offer for all ordinary shares of Recordati S.p.A. (Recordati), launched by CVC Fund IX and Groupe Bruxelles Lambert (GBL) through the newly incorporated Italian company Respighi BidCo S.p.A.

The offer, with a total transaction value of approximately €10.7 billion, is aimed at supporting the delisting of Recordati from Euronext Milan. The transaction is supported by a committed and stable shareholder base, including Rossini’s irrevocable undertaking to tender all of its 97,912,463 shares, representing 46.8 percent of Recordati’s share capital.

The White & Case team which advised on the transaction was led by partners Michael Immordino (London & Milan) and Leonardo Graffi (Milan) and included partner Alessandro Picchi (Milan) and associate Valerio Bianchi, who advised on corporate and Italian securities law matters.

Press contact
For more information please speak to your local media contact.