Terna S.p.A. (“Terna”) signed an agreement to acquire 90% stake in the share capital of Brugg Kabel AG (Brugg Group), one of the leading operators in the underground-cable sector, designing, developing, creating, installing and maintaining electrical cables of all voltage levels and accessories for high-voltage cables, for an amount, which will be defined at the closing of the deal, of an Equity Value of around 13 million Euro for 90% of the company.

— Terna announcement

Indian Law Partners (ILP) advised Terna SpA Italy led by a team of partners Gopika Pant and Kanika Premnarayen, senior associate Samad Ali and associates Akshay Grover, Anandini Rathore, Pankti Lapasia and Shradha Sharma.

Also advising was ILP’s international best-friend law firm Ashurst Italy.

2019-12-01

Primary jurisdiction of deal: Italy

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