Cassa di Risparmio di Orvieto Sold by Mcc to Banca del Fucino
Deal News | Jan 31, 2025 | Legal Community Italy
Mediocredito Centrale S.p.A. has signed a sales agreement to transfer its 85.3% stake in Cassa di Risparmio di Orvieto S.p.A. to Banca del Fucino S.p.A. The legal handling was provided by Cappelli Riolo Calderaro Crisostomo Del Din & Partners (Crccd), guided by Michele Crisostomo. The firm supported MCC during the competitive sale process, contract negotiation, and regulatory review. Banca del Fucino was legally guided by Studio Legale Avv. Prof. Mario Cera and Lener & Partners Studio Legale, with additional support from its internal team led by lawyer Cinzia Petrocelli. This acquisition marks the inception of a significant banking group in Central Southern Italy, leveraging synergies through geographic proximity and complementary service offerings.
Sectors
- Financial Services
- Legal Services
Geography
- Italy – The transaction involves Italian banks and legal firms, and it signifies a major development in the Italian banking sector.
Industry
- Financial Services – The article discusses a major transaction in the banking sector involving the transfer of ownership of a significant stake in a bank.
- Legal Services – The involvement of various law firms and legal teams is highlighted throughout the article, indicating the importance of legal services in the transaction.
Financials
- 85.3% – The percentage of stake in Cassa di Risparmio di Orvieto S.p.A. being transferred to Banca del Fucino S.p.A.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cassa di Risparmio di Orvieto S.p.A. | Target Company | Company | The bank whose 85.3% stake is being sold to Banca del Fucino S.p.A. |
| Mediocredito Centrale S.p.A. | Selling Company | Company | The company selling its 85.3% stake in Cassa di Risparmio di Orvieto S.p.A. |
| Banca del Fucino S.p.A. | Bidding Company | Company | The bank acquiring the 85.3% stake in Cassa di Risparmio di Orvieto S.p.A. |
| Cappelli Riolo Calderaro Crisostomo Del Din & Partners (Crccd) | Legal Advisor to Seller | Company | Provided legal assistance to MCC in the sale of Cassa di Risparmio di Orvieto S.p.A. |
| Michele Crisostomo | Legal Advisor | Person | Lead the legal team at Crccd for Mediocredito Centrale's transaction. |
| Studio Legale Avv. Prof. Mario Cera | Legal Advisor to Buyer | Company | Provided legal services to Banca del Fucino in the acquisition process. |
| Lener & Partners Studio Legale | Legal Advisor to Buyer | Company | Assisted Banca del Fucino with legal matters in the acquisition. |
| Cinzia Petrocelli | Legal Advisor | Person | Led Banca del Fucino's internal legal team in the acquisition. |