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Thursday 13th December 2007

SJ Berwin's Milan corporate team advised Jbs S.A, the world largest beef producer listed in San Paolo Stock Exchange (Brazil), in a strategic alliance signed with Cremonini S.pA, one of the main European operators in the food sector, listed in the Italian Stock Market and part of the STAR sector.

JBS S.A will enter with a 50% stake in the share capital of Inalca S.p.A., currently 100% owned by Cremonini, for a total consideration of  € 225 million.

The SJ Berwin team was led by corporate partner Arturo Meglio and included senior associate Lorenzo Fratantoni, Emidio Cacciapuoti for tax issue, Andrea Luciano for capital markets issues, and due diligence team (Enrico Raso, Silvia Costanzo, Sara Girelli, Pamela Alba, Cristina Sgubin and Gianpaolo Genta); antitrust partner Ramon Garcia Gallardo and senior associate Dolores Dominguez Peres from Bruxelles are assisting for antitrust issues.

For further information, please contact:

Arturo Meglio, corporate partner on +39 (0)2 36575701 or by emailing arturo.meglio@sjberwin.com
Lorenzo Fratantoni, senior associate on +39 (0)2 36575701 or by emailing lorenzo.fratantoni@sjberwin.com