thoma: long-standing links crucial to allianz dealNew York’s Shearman & Sterling this month signed off one of Italy’s largest-ever corporate deals – despite having no locally-qualified partners.

The deal saw Shearman Rome associate Domenico Fanuele this month successfully close the local aspects of Allianz’s €5.7bn (£3.9bn) takeover of insurance group Riunione Adriatica di Sicurta.