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Pavia and Ansaldo and Campa Avvocati in the sale of 90% of Pallacanestro Trieste to the American group CSG

Milan, 11 January 2023 – Pallacanestro Trieste, the Trieste men’s basketball club that plays in the Basketball League – Series A1, has announced the signing of a binding agreement for the sale of 90% of the company’s shares to the American Group CSG (Cotogna Sports Group), to be completed by January 2023; the remaining 10% will remain with a group of local shareholders.

 

CSG with this operation formally enters the international sports market. The company is made up of a group of American investors with specific experience and expertise in the sports world and a special focus on the NBA, sports marketing and the American and European financial markets.

 

In the transaction, CSG was assisted by Pavia e Ansaldo with the team of lawyers Mario Abate, head of the US Desk, and partner Carlo Emanuele Rossi and associate Pietro Miazzi, who led the due diligence carried out by the Firm’s various departments, including the Labour and IP departments and, for the tax aspects of the transaction, by partner Marco Jannon and senior associate Mario Nunziata.

 

The sellers were assisted by Campa Avvocati, with a team comprising partners Massimo Campa and Matteo Aldeghi and associate Matilde Galli, supported by senior associate Alessia Pesenti for the Labour aspects.