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Cross-Border M&A: How to Do Deals in Italy with Mauro Sambati and Donato Romano

Mauro Sambati, Partner – Gianni & Origoni

Donato Romano, Partner – Gianni & Origoni

In 2022, the Italian government ordered a 2018 deal undone. A Hong Kong company owned by a Chinese conglomerate had bought 75% of an Italian drone maker without complying with Italy's Golden Power rules, and the shares went back to the original seller.

Mauro Sambati and Donato Romano, partners at Gianni & Origoni, explain what foreign buyers need to get right in Italy. They cover how Golden Power reviews now stack on top of EU merger control, and why clearance belongs in the SPA as a condition precedent…

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