Luca Picone
Partner Corporate & Finance
Milan
Rome
Languages
English, Italian
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Overview
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Experience
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Credentials
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Insights and events
Chambers Global 2022Clients report that Luca Picone "is very clever, analyses every aspect in depth, and it is a pleasure to work with him." He handles high-stakes cross-border M&A transactions for clients from the energy, aviation and financial services industries.
Corporate/M&A Partner and head of the Corporate & Finance practice in Italy, Luca Picone is a consistently acknowledged and innovative M&A lawyer.
Thanks to his experience spanning over 30 years, and his cutting-edge knowledge of Italian law, Luca counsels clients on domestic and cross-border transactions, providing a practical and strategical approach.
His extensive experience ranges from pure cross-border and domestic transactional work (including asset and share deals, investments, recapitalizations, dispositions, public M&A, strategic joint ventures and restructuring) to counselling board members and shareholders on high-end corporate issues. He regularly represents clients in competitive auction scenarios, both as sellers and bidders.
Luca’s clients include industrial corporations, financial institutions and private equity funds operating in a variety of industries such as energy, luxury, telecommunications, manufacturing and consumer. If you need a proactive lawyer with a commercial approach and cutting-edge knowledge on M&A transactions as well as Italian corporate law, no matter how complex the issue is, Luca is here to help.
Luca is able to solve the problems, overcome the hurdles, get to the point, simplify the complexities, explain the technicalities, understand clients' needs and, calmly but firmly, deliver the best deal using skills gained in over three decades of negotiating deals.
Luca is constantly ranked in the Hall of Fame for Commercial Corporate and M&A by The Legal500 EMEA, and has been repeatedly highly recognized by Chambers & Partners for Corporate/M&A and Private Equity.
Moreover, Luca is author of many publications on corporate matters, including share purchase agreements, directors' liability, leveraged buy-out transactions, tender offers and de-mergers. His technical prowess derives also from his longstanding academic activities, as lecturer on Business Law at the Bocconi University in Milan.
Chambers Global 2022Clients report that Luca Picone "is very clever, analyses every aspect in depth, and it is a pleasure to work with him." He handles high-stakes cross-border M&A transactions for clients from the energy, aviation and financial services industries.
Representative experience
Assistance to Enel Américas and Enel Perú in the sale of all the equity stakes held in the power generation companies Enel Generación Perú and Compañía Energética Veracruz to Niagara Energy
Assistance to Enel Perú in the sale of its entire equity stakes in Enel Distribución Perú and in Enel X Perú, for a total consideration of USD 2.9bn, to China Southern Power Grid International (HK)
Assistance to the entrepreneurs of Gruppo Florence in the sale of their entire shareholding owned in the group to Permira, and in the reinvestment in the new dedicated vehicle created by Permira
Assistance to 21 Invest in its acquisition of Wise Equity’s majority stakes in Trime
Assistance to the Brazilian group WEG in the acquisition of the motion control business unit of Gefran
Assistance to Hyle Capital Partners in the acquisition of 100% of the corporate capital of Guaresi
Assistance to Enel in its EUR 1bn acquisition of the entire share capital of ERG Hydro, which owns a portfolio of hydro plants with an installed capacity of 527 MW
Assistance to Fressnapf Beteiligungs, in joint venture with Cinven, in the acquisition of Arcaplanet from Permira
Assistance to MicroVention Europe, a French subsidiary of Terumo Corporation, in the acquisition of ImpleMed Italia, an Italian company active in the distribution of biomedical products
Assistance to IBM Corporation in the global separation and reorganization of its managed infrastructure services business across more than 65 jurisdictions worldwide, including Italy
Credentials
- Law Degree, Università degli Studi di Milano, 1992
- Milan