Monthly M&A Insider - Mergermarket

Top deals
Top 5 Italian announced deals of the month (March 2008)
Italy
Announced Status Target company Sector Bidder company Seller company Exit multiples (x) Bid premia
Revenue EBITDA P/E
1-day before
16-Mar-09 P Banca Italease
SpA (69.30%
stake)
27-Mar-09 P CastelMac S.p.A.;
Frimont S.p.A.;
and Scotsman
Group
4-Mar-09 C IW Bank Spa
(32.47% stake)
Deal value
(€m)
Financial Services Banco Popolare n/a n/a 14.0% 174
Industrials &
Chemicals
Warburg Pincus LLC Manitowoc
Company Inc.
- 120
Financial Services Ubi Banca n/a n/a 19.9 40.1% 71
9-Mar-09 C Tundra srl Real Estate Api Real Estate - 36
30-Mar-09 P IPI spa (51.18%
stake)
Real Estate Banca Intermobiliare
di Investimenti e
Gestioni SpA
2.36% 27
C = Completed; P = Pending; L = Lapsed Source: mergermarket
Monthly M&A report – 137