White & Case LLP has advised Banca IMI S.p.A., as Italian Lead Manager, and the Institutional Managers Banca IMI S.p.A., Merrill Lynch International, Goldman Sachs International, UniCredit Corporate & Investment Banking, Credit Suisse Securities (Europe) Limited and HSBC Bank plc, on the €414.1 million initial public offering of OVS S.p.A. on the Milan Stock Exchange.

The transaction featured the offer of ten million shares in the Italian Public Offering and 91 million shares in the Institutional Offering. OVS is a leading Italian group in the apparel retail market, under the OVS and UPIM brands.

The White & Case team included partners Michael Immordino (Milan & London), Ferigo Foscari (Milan), Inigo Esteve (London) and associates Robert Becker, Louise Ruggiero, Baldassarre Battista and Alessandro Picchi and lawyer Lorenzo Colombi Manzi (all Milan).