Linklaters advises Altamira on €412m acquistion by Italy’s doBank

Linklaters advised Altamira Asset Management on the sale of an 85 per cent stake in the company to Italian loan management company doBank.

The deal was valued at €412 million.

Altamira – which has operations in Spain, Portugal, Cyprus and Greece – has approximately €55 billion of assets under management.

As of 31 December 2017, doBank – which is headquartered in the Italian city of Verona (pictured) – had €77 billion of assets under management.

The Linklaters team advising on the deal included partners Victor Manchado and Javier García-Pita, counsel Alejandro Meca, managing associates José María López and Belén Lavandera.

Ashurst advised doBank.