GEL Announces Takeover Bid for Treasury Shares
Deal News | Dec 13, 2024 | PedersoliGattai
GEL SpA, a company specializing in water treatment machinery and plants, has initiated a voluntary partial takeover bid for its own treasury shares. The takeover process is being supported by BPER Corporate & Investment Banking, which has been tasked with coordinating the acceptance of the offer. Legal advisory for GEL and BPER Corporate & Investment Banking is provided by PedersoliGattai, with a specialist team consisting of associates Pietro Faggiana, Lorenzo Santambrogio, Rebecca Giovanna Forgione, and led by partner Alessandro Capogrosso.
Sectors
- Water Treatment
- Financial Services
- Legal Advisory
Geography
- Italy – GEL SpA is an Italian company, and the advisory and banking services provided by PedersoliGattai and BPER Corporate & Investment Banking respectively suggest the focus on Italy.
Industry
- Water Treatment – GEL SpA operates in the design, manufacture, and marketing of water treatment machinery and plants, making the Water Treatment industry highly relevant to this article.
- Financial Services – Involvement of BPER Corporate & Investment Banking in coordinating the takeover bid highlights the relevance of the Financial Services industry.
- Legal Advisory – PedersoliGattai providing legal services for the takeover bid underscores the involvement of the Legal Advisory industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| GEL SpA | Target Company | Company | GEL SpA is a listed company active in designing, manufacturing, and marketing water treatment machinery and plants. |
| BPER Corporate & Investment Banking | Agent | Company | BPER acted as the agent in charge of coordinating the collection of acceptances in the takeover bid. |
| PedersoliGattai | Legal Advisor | Company | PedersoliGattai provided legal advisory services for GEL SpA and BPER Corporate & Investment Banking in the takeover bid. |
| Alessandro Capogrosso | Partner | Person | Alessandro Capogrosso coordinated the legal advisory team at PedersoliGattai. |
| Pietro Faggiana | Associate | Person | Pietro Faggiana was part of the legal advisory team at PedersoliGattai. |
| Lorenzo Santambrogio | Associate | Person | Lorenzo Santambrogio was part of the legal advisory team at PedersoliGattai. |
| Rebecca Giovanna Forgione | Associate | Person | Rebecca Giovanna Forgione was part of the legal advisory team at PedersoliGattai. |