CLIENT: Banca Popolare di Milano S.c.a.r.l.

TRANSACTION: M&A

DATE: April 2010

SECTOR: Financial institutions

Mandate:
Advisory to BPM for sale of BPM’s business unit specialized in depositary bank services for long only and alternative funds on behalf of asset management companies.

Activities performed:
assistance in the definition of the transaction perimeter and structure;assistance in the definition of the business’ financials;
definition and assessment of the valuation hypothesis of the business to be sold;
drafting of the information material for external and internal use;
assistance in the negotiations and definition of the agreement with the counterpart;
coordination of the activities of the other consultants involved in the transaction.

Deal value: € 55 million

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