Ardian and Finint Infrastrutture Sign Joint Acquisition Agreement for Milione, Parent Company of Save and Venice Airport Operator

**Law Firms Involved in the Transaction:** The law firms that participated in the transaction include Chiomenti, Clifford Chance, Legance, Gianni & Origoni, Gatti Pavesi Bianchi Ludovici, and Linklaters. Chiomenti assisted the buyer consortium, while Clifford Chance provided cross-border support to the same consortium. Legance represented DWS and the selling shareholder Infra Hub, Gianni & Origoni assisted InfraVia Capital Partners, Gatti Pavesi Bianchi Ludovici supported Ardian and Finint Infrastrutture, and Linklaters advised the financiers. **Transaction Overview:** Ardian, a global private investment company, and Finint Infrastrutture, which promotes the Italian infrastructure sector, have signed an agreement for the joint acquisition of Milione, the holding company of Save, primarily engaged in airport management, including Venice's Marco Polo Airport. The transaction involves the joint acquisition of approximately 100% of Milione, retaining the current management team, while the existing shareholders, managed by DWS Infrastructure and InfraVia Capital Partners, will exit. Sviluppo 87, a subsidiary of Finanziaria Internazionale Holding, will remain a shareholder. The completion of the transaction is expected by the end of 2025 or early 2026, subject to regulatory approval. **Lawyers Involved:** - **Chiomenti:** - Mario Roli (Partner) - Elena Busson (Partner) - Francesco Rigo (Senior Associate) - Silvia Basilico (Associate) - Filippo Brunetti (Team Member, Administrative Law) - Elisabetta Mentasti (Team Member, Administrative Law) - Davide D’Affronto (Team Member, Financing) - Maria Ilaria Griffo (Team Member, Financing) - Giulio Napolitano (Partner, Golden Power) - Matteo Farnese (Team Member, Golden Power) - Chiara Grazzini (Team Member, Golden Power) - Patrick Actis Perinetto (Team Member, Antitrust) - Giacomo Grechi (Team Member, Antitrust) - Flavia Pagnanelli (Team Member, Fund Setup) - Francesco Sileo (Team Member, Fund Setup) - Fabiola Tarquini (Team Member, Fund Setup) - **Clifford Chance:** - Umberto Penco Salvi (Partner) - Vittorio Novelli (Senior Associate) - Antonella Scarciello (Senior Associate) - Greta Bilotta (Associate) - Federica Giovannini (Trainee Lawyer) - Alice Ventrella (Trainee Lawyer) - Chiara Commis (Partner, Financing) - Alessandra Ravazzolo (Associate, Financing) - Jonathan Astbury (Counsel, Financing) - Francesco Napoli (Senior Associate, Financing) - Elia Brustia (Trainee Lawyer, Financing) - Luciano Di Via (Partner, Antitrust and Golden Power) - Antonio Mirabile (Senior Associate, Antitrust and Golden Power) - Eleonora Zappalorto (Associate, Antitrust and Golden Power) - Xavier Remy (Partner, Belgian Law) - Gillis Waelkens (Counsel, Belgian Law) - Octave Schyns (Associate, Belgian Law) - Avril Miller (Associate, Belgian Law) - **Legance:** - Alberto Giampieri (Team Member, Corporate and M&A) - Andrea Botti (Team Member, Corporate and M&A) - Jacopo Garonna (Team Member, Antitrust and Golden Power) - Jacopo Figus Diaz (Team Member, Antitrust and Golden Power) - Tommaso Bernasconi (Team Member, Banking) - Beatrice Zilio (Team Member, Banking) - Giacomo Testa (Team Member, Administrative Law) - Francesco Mataluni (Team Member, Administrative Law) - Marco D’Agostini (Team Member, Labor Law) - Paolo Ronca (Team Member, Tax Law) - **Gianni & Origoni:** - Gabriele Ramponi (Partner) - Graziano Cucchi (Senior Associate, M&A) - Fabio Baglivo (Partner, FDI) - Francesco Patrono (Associate, FDI) - **Gatti Pavesi Bianchi Ludovici:** - Paolo Ludovici (Partner) - Andrea Iannaccone (Partner) - Ludovica Lorenzetto (Managing Associate) - **Linklaters:** - Tessa Lee (Partner) - Alessandra Ortelli (Counsel) - Bendetta Marino (Managing Associate)

Ardian and Finint Infrastrutture Sign Joint Acquisition Agreement for Milione, Parent Company of Save and Venice Airport Operator

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