Ashurst advises Mitsui on a share exchange agreement with Buongiorno

Ashurst is advising Mitsui, one of the largest general trading companies in Japan, on a share exchange agreement with Buongiorno S.p.A., an Italian listed company which is a leading global player in the digital entertainment sector.

As a result of the transaction, Mitsui will exit from a US subsidiary of Buongiorno S.p.A. and increase its shareholding in Buongiorno (currently equal to 3.3 per cent of Buongiorno’s share capital) to 5.2 per cent.

The Ashurst team comprised of partners Mark Sperotto and Fabio Pizzoccheri, assisted by corporate senior associate Michele Scibetta.