De Brauw advised Ermenegildo Zegna, a leading global luxury group in menswear, on its strategic transaction with Venezio Investments Pte. Ltd., an indirect wholly-owned subsidiary of Temasek Holdings (Private) Limited, a prominent Singapore-headquartered investment company. This transaction involved the sale of 14.1 million treasury shares to Temasek at a price of $8.95 per share. As a result, Temasek will hold a 10% stake in Zegna's ordinary shares outstanding, having previously acquired 12.7 million shares through market purchases. The transaction provided Zegna with $126.4 million in cash, enhancing its financial flexibility to support the organic growth of its brand portfolio.

De Brauw acted as Dutch counsel alongside Sullivan & Cromwell.