FiatAllen & Overy’s (A&O’s) Italian practice has scooped a lead role advising debt-laden automotive giant Fiat on the high-profile e1.5bn (£1.05bn) disposal of its aerospace arm, Avio.

A&O fielded some of its most senior Italian lawyers on the deal, with partners Guido Brosio, Roberto Casati and Fabio Alberto Regoli advising Fiat on the sale of Avio to investment group Carlyle and state-run defence company Finmeccanica. Carlyle was advised by Pedersoli Lombardi & Associati, fielding a team under name partner Carlo Pedersoli, while Finmeccanica was advised by Francesco Gianni, name partner of Linklaters’ ally Gianni Origoni Grippo & Partners.