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New rules in Italy regarding cross-border mergers, demergers and transformations
09 March 2023
Country Managing PartnerMilan, Rome
Email [email protected]hoganlovells.com
Phone +39 02 720 2521 (Milan)
LanguagesEnglish, Italian
Practice groupCorporate & Finance
Clients 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.
Chambers Global 2022
Consistently acknowledged as a brilliant and innovative M&A lawyer, Luca has devoted his 30+ year career to advising clients on domestic and cross-border transactions. Luca's extensive experience ranges from pure transactional work (including asset and share deals, divestitures, tender offers, joint ventures and restructuring) to counselling board members and shareholders on complex corporate issues.
His clients include industrial corporations, financial institutions and private equity funds operating in various sectors such as telecom, luxury, energy, food and infrastructure. If you need a proactive lawyer with a commercial approach and cutting-edge knowledge on international and domestic M&A transactions as well as Italian corporate law, no matter how complex the issue is, Luca is here to help you.
Whatever is at stake, if it concerns corporate/M&A, Luca is able to solve the problem, overcome the hurdles, get to the point, simplify the complexities, explain the technicalities, understand your needs and, calmly but firmly, deliver the best deal using skills gained in over two decades of negotiating deals. He heads up a tailored team of lawyers focussed on executing each deal in the most effective way. Luca is ranked as a Leading Individual in Corporate/M&A by Legal 500 EMEA 2019, and has been consistently highly ranked by Chambers since 2006: in 2020 he is ranked Band 3 in Corporate/M&A by Chambers Global and Band 4 in Private Equity by Chambers Europe.
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, for example as lecturer on Business Law at the Bocconi University in Milan.
Clients 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.
Chambers Global
Luca Picone has a strong track record assisting with disposals, acquisitions and investment deals. One client says that he is decisive and very good at finding solutions.
Chambers Europe
Clients regard Luca Picone as a wise counsel and approve of his ability to think out of the box in complex environments”
Chambers Global
Luca Picone assists with disposals, acquisitions, and investment deals. His client base is made up of domestic and international private equity and investment firms.
Chambers Europe
Commercial, Corporate and M&A, Italy, Hall of Fame
Legal 500 EMEA
Luca Picone is well-versed in advising companies from the energy, telecoms and infrastructure sectors. His expertise extends to cross-border and domestic M&A, restructuring and joint ventures.
Chambers Global
Acritas Star
Acritas Stars Independently Rated Lawyers
Commercial, Corporate and M&A, Leading Individual
Legal 500 EMEA
Private Equity
Legal 500 EMEA
He digs deeply into matters and likes to get to the bottom of things
Chambers Global
Corporate/M&A (Italy)
Chambers Global
A pragmatic, clever and effective practitioner;He is a calm but strong negotiator and he represents a perfect balance of top technical skills and a strong commercial approach
Chambers Europe
ability to inspire confidence and put clients at ease, offering an excellent commercial approach and good grasp of clients' needs
Chambers Global
He is defined by clients as a a talented and tough negotiator with significant experience.
Chambers Global
Luca Picone receives praise for his expertise in M&A work. Sources note that he has very solid knowledge and grasp of the law, is technically very strong and is commercially focused.
Chambers Global
Leading Individual in M&A & Governance
Who's Who Legal 2016
Education
Law Degree, Università degli Studi di Milano, 1992
Bar admissions and qualifications
Milan
Advising the Brazilian group WEG in the acquisition of the motion control business unit of Gefran, for an overall value of EUR 23 million
Advising Fressnapf Beteiligungs GmbH that, together with Cinven, by means of a minority investment, acquired Arcaplanet from Permira
Advising Enel in the acquisition by Enel Produzione S.p.A. of the entire share capital of ERG Hydro S.r.l., for an enterprise value of EUR 1,000 million
Advising MicroVention Europe, a French subsidiary of Terumo Corporation, on the acquisition of ImpleMed Italia, an Italian company active in the distribution of biomedical products
Advising IBM Corporation on the global separation and reorganization of its managed infrastructure services business across more than 65 jurisdictions worldwide, including Italy
Advising Dell Technologies in its proposed sale of RSA to a consortium led by Symphony Technology Group, the Ontario Teachers’ Pension Plan Board, and AlpInvest Partners in an all-cash transaction
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