Debevoise & Plimpton, Legance and Bonelli Erede Pappalardo have taken lead roles on Air France-KLM's purchase of a stake in Alitalia. The French-Dutch airline beat Lufthansa to buy a 25% stake in the Italian carrier at a much reduced price of €323m (£293m), after last spring's failed €1.5bn (£1.4bn) bid to buy a minority stake.Italian independent Legance advised Air France-KLM with a team led by corporate finance partners Filippo Troisi and Andrea Fedi. US firm Debevoise & Plimpton's Paris office advised the airline on the French aspects of the deal, led by office co-managing partner Patrick Laporte and international counsel Severine Canarelli.
January 13, 2009 at 04:05 AM
1 minute read
The original version of this story was published on Legalweek
Debevoise & Plimpton, Legance and Bonelli Erede Pappalardo have taken lead roles on Air France-KLM’s purchase of a stake in Alitalia.
The French-Dutch airline beat Lufthansa to buy a 25% stake in the Italian carrier at a much reduced price of €323m (£293m), after last spring’s failed €1.5bn (£1.4bn) bid to buy a minority stake.
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