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Earnouts Are Rising Across Europe, But Can They Unlock COVID-19 Valuation Gaps?

Despite practical challenges, earnouts are a tool that PE buyers should increasingly consider to reconcile differences and get deals done. The use of earnouts, though historically disliked by PE buyers, is increasing...more

Italian Government Amends List of Essential Activities Annexed to the D.P.C.M.

D.P.C.M. now includes measures for certain manufacturing industries, as well as call centres and civil engineering works, but excludes employment agencies. By decree of the Ministry of Economic Development, adopted...more

Managing Italian Private Equity Investments During the COVID-19 Outbreak

Practical guidance for private equity firms when tackling Italian portfolio companies’ questions during the pandemic. In light of the COVID-19 outbreak, the Italian government has adopted significant steps to curb the...more

Italian Government Suspends Non-Essential Industrial and Commercial Production Activities

The new decree imposes measures in effect from today until April 3, 2020 to combat the spread of COVID-19. Yesterday evening, the Italian government adopted a new decree (D.P.C.M. of March 22, 2020), which suspends, as of...more

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