Van Campen Liem assisted Peninsula Investment II S.C.A. (“Peninsula”) in its investment in Azimut Holding S.p.A. (“Azimut”), in the context of the increase on behalf of Timone Fiduciaria of its stake to 24.2% in Azimut.
Peninsula will participate in the transaction as a financial investor and will immediately enter the Shareholders’ agreement with a potential stake of 2.8% in Azimut, becoming the first institutional investor of the Shareholders’ agreement with a stake of more than 10%. In particular, Peninsula will enter into a pre-paid forward transaction with Goldman Sachs International entailing the acquisition at settlement of circa n. 3.8 million ordinary Azimut shares.
The Van Campen Liem team included Marcello Distaso, Eleni Kokkinou, Andrew de Vries, Aldo Schuurman and Gabriel Amar.