Italy: Intercable announced that it has finalised an agreement to sell 85 percent of its subsidiary Intercable Automotive Solutions to Aptiv

 

Intercable, a Bruneck (BZ) based company specializing in busbars and interconnection systems, announced that it has finalized an agreement to sell 85 percent of its subsidiary Intercable Automotive Solutions to Aptiv, a NYSE-listed company specializing in mobility technology solutions.

The transaction is subject to regulatory approval and other custom conditions for closing, which is expected to occur by the end of 2022. Upon completion of the transaction, Intercable Automotive will operate as an independent business unit within Aptiv's Signal & Power Solutions segment.

Clifford Chance advised Aptiv Technologies with a cross-border team involving offices in Milan, Munich, Prague, and Shanghai, coordinated by partner Claudio Cerabolini and counsel Francesca Casini with partners Volkmar Bruckner and Mark Aschenbrenner and also composed of counsel Samuel Frommelt and associates Shirin Niazi , Lorena Loos, and Maja Johanna Riedrich. Labor law aspects were handled by partner Simonetta Candela and senior associate Marina Mobiglia, intellectual property law aspects by counsel Andrea Tuninetti Ferrari and senior associate Nicolas Hohn-Hein, and competition law aspects by partner Luciano Di Via.

Advant Nctm assisted Intercable with a team coordinated by partner Pietro Zanoni for legal aspects, assisted by Alessia Trevisan and Natali Prodan Milic, and partner Manfredi Luongo for tax aspects.

bureau Plattner assisted Intercable with a team composed of partners Hugo Perathoner for tax aspects and Carlo Gurioli for legal aspects, assisted by associate Federica Getilli for labor law aspects.

 

For further information, please contact:

Nadja Pugneth , Marketing & PR

e: nadja.pugneth@bureauplattner.com

t: +39 (0)471 222500

 

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