Latham & Watkins Advises Bending Spoons in US$1.355 Billion Acquisition of Miro

Bending Spoons S.p.A. (Nasdaq: BSP) announced that it has entered into a definitive agreement to acquire Miro at an enterprise value of US$1.355 billion. Together with Miro’s net cash, this implies an equity value of approximately US$1.79 billion. In connection with the all-cash transaction, certain Miro shareholders have agreed to invest US$295 million of their proceeds into newly issued Bending Spoons equity. The acquisition, including the investment, is subject to customary closing conditions and approvals, including regulatory approvals.

Latham & Watkins LLP represents Bending Spoons in the transaction with a corporate deal team led by Chicago partners Bradley Faris and Jason Morelli, with associates Henna Jalal, Cyrie Wilson, and Bailey Hooker. Advice was provided on executive compensation and benefits matters by Chicago partner Benjamin Rosemergy, with associates Victoria Wolfe and Ellie Graham; on labor and employment matters by Chicago partner Nineveh Alkhas, with associate Imara Joroff; on data privacy and cybersecurity matters by Houston partner Robert Brown, with associate Sarah Zahedi; on tax matters by Chicago partner Rene de Vera, with associate Jay Khurana; on intellectual property matters by Washington, D.C. partner Morgan Brubaker, with associates Christelle Tchaou and Daniel Donovan; on regulatory matters by Washington, D.C. partner Jim Barker, with associate Monica Calce; on antitrust matters by Washington, D.C. partner Farrell Malone and Brussels counsel Wesley Lepla, with associate Alexandra Clark; on public company representation matters by New York partner Jenna Cooper, with associate Cat Cohen; on capital markets matters by Milan partner Jeff Lawlis and London partner Jenna Gascoyne, with associate Giuila Franzoso; and on sanctions matters by London counsel Thomas Lane, with associate Matthew Crawford.