Anima Holding S.p.A. (BIT:ANIM) signed a binding agreement to acquire 80% stake in Castello SGR Società di Gestione del Risparmio from funds managed by Oaktree Capital Group, LLC for ?60 million on February 27, 2023. Following the close of the transaction, funds managed by Oaktree Capital Management, L.P will retain 20% stake in Castello SGR Società di Gestione. The current Chief Executive Officer of Castello will keep the position following the closing. The transaction is subject to customary regulatory approvals. The transaction is expected to close in the third quarter of 2023. As of March 21, 2023, the transaction is expected to close by the end of May 2023. As of July 19, 2023, The deal terms revised to ?61.7 million. Studio Legale Daverio & Florio acted as legal advisor, Kpmg Audit Spa and Studio Di Tanno e Associati acted as accountant, Banca Akros S.p.A. and Vitale&Co. S.P.A. acted as financial advisor, Andrea De Pieri of Shearman & Sterling LLP acted as legal advisor and KPMG S.p.A. acted as due diligence provider to ANIMA Holding. Mediobanca Banca di Credito Finanziario S.p.A. (BIT:MB) acted as financial advisor to Castello SGR Società di Gestione del Risparmioand Oaktree. Freshfields Bruckhaus Deringer LLP acted as legal advisor for Oaktree.

Anima Holding S.p.A. (BIT:ANIM) completed the acquisition of 80% stake in Castello SGR Società di Gestione del Risparmio from funds managed by Oaktree Capital Group, LLC on July 19, 2023. The Bank of Italy has granted the approval for the transaction. Goffredo Frisina of Oaklins acted as Financial advisor to Anima Holding S.p.A.