Triangle Italy SpA agreed to acquire an unknown majority stake in deltatre s.p.a. from Mediacontech S.p.A. (BIT:MCH), Giampiero Rinaudo and Luca Marini on June 30, 2016. Price of the transtaction, subject to adjustments, is approximately €120 million. As part of the deal, Mediacontech will sell its 51% stake, while Giampiero Rinaudo and Luca Marini will retain a significant minority stake in Deltatre. Giampiero Rinaudo will remain in his role as Chief Executive. HSBC acted as exclusive financial advisor to Mediacontech and deltatre. Joe Leccese, James Howe, Frank Saviano, Alex Griffith, Dan Hendon, Cathy Bellhouse, Sam Bateman, Lauren Bretton, Erica Esposito, Robert Gaut and Daniella Abel of Proskauer Rose LLP and Eliana Catalano, Alessandro Vittoria, Vittorio Pomarici, Emanuela Da Rin, Giuseppe Mele, Gianfranco Giorgio and Francesca Di Carpegna Brivio of BonelliErede acted as legal advisors for Bruin Sports Capital LLC. Mario Ferrari of R&p Legal acted as legal advisor for Giampiero Rinaudo and Luca Marini. Luca Liistro, Arnaldo Cremona and Valentina Gagliani, Giulia Battaglia, Giacomo Colombo, Antonella Brambilla, Giovanni Filippo Pezzulo and Silvia Pacchiarotti of Chiomenti acted as legal advisors for Mediacontech. Antongiulio Scialpi, Marco Carrieri and Tessa Lee of Linklaters acted as legal advisors for Banca Imi and Intesa Sanpaolo in relation to the financing.