Saipem SpA has completed a rights issue
July 2022 — Saipem SpA has completed a fundraising.
Saipem SpA provides integrated basic and detailed onshore engineering, procurement, project management and construction services mainly to the oil and gas, complex civil and marine infrastructure, and environmental market sectors. It operates in the offshore and onshore engineering and construction; and offshore and onshore drilling business segments.
Our role in the transaction
Oaklins Italy’s parent company Banca Akros acted as the joint bookrunner in the rights issue of Saipem SpA for a total deal value of approximately US$2 billion.
Talk to the deal team
Related deals
7BidCo has completed the sell-out procedure for the shares of STAR7
7BidCo S.p.A. has completed the sell-out procedure for 8.5% of STAR7 S.p.A.’s shares.
Learn moreAlba has completed a voluntary public tender offer for the shares of Borgosesia
Alba S.r.l. has completed a voluntary public tender offer for 100% of the shares of Borgosesia S.p.A.
Learn moreMoneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn more