Allianz - Slovenská poist'ovna, a.s. agreed to acquire assets of D.A.S. Poistovna Právnej Ochrany a.s.
January 09, 2018
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Allianz - Slovenská poist'ovna, a.s. (BSSE:1SLP401E) agreed to acquire assets of D.A.S. Poistovna Právnej Ochrany a.s. on January 10, 2018. Transaction is subject to regulatory approval. The transaction is scheduled to be completed at the start of April 2018. Boerries Ahrens, Yannick Arbaut, Nicolaus Ascherfeld, Alice Broichmann, Gary Cywie, Catherine Di Lorenzo, Werner Heupel, Max Landshut, Andre Marz, Stefanie Mathes, Franca Maurer, Moritz Meister, Cathrin Rueckforth, Bridget Schreiner, Daniela Trötscher, Henri Wagner, Paul Wagner, Heike Weber, Stefan Witte and Marco Zingler of Allen & Overy Luxembourg acted as legal advisors to Allianz SE. Richard Wolf, Carina Wolf, Jan Myska, Katarina Bielikova and Vladimira Rostarova of Wolf Theiss, Hansjurg Appenzeller, Anna Peter and Andreas Muller of Homburger AG and Guy Harles and Fouzia Benyahia of Arendt & Medernach SA acted as legal advisors for Munich RE Group, parent of ERGO Versicherung AG, owner of D.A.S. Poistovna Právnej Ochrany a.s. White & Case and Binder Groesswang acted as legal advisors for Allianz. Reiner Schwenk, Gerasimos Papadatos, Benjamin Goerwitz, Ilenia Baldelli, Julia Merz and Jan Schotte of Deloitte & Touche Corporate Finance GmbH acted as the financial advisor to ERGO and respectively Munich RE.
Allianz Slovenska poistovna as is a Slovakia-based company active in the insurance sector. It provides its clients with products and services in life, accident, property and liability insurance. In addition, the Company offers a range of commercial and industrial insurance solutions. It distributes its products through several sales channels, including tied agents; brokers; direct sales through branch offices and sales representatives; life insurance sales; service providers, such as travel agencies, car showrooms and dealerships, as well as through Internet sales. As of December 31, 2011, operated three subsidiaries, Allianz - Slovenska dochodkova spravcovska spolcnost as, Medibroker sro and Nadacia Allianz. As of December 31, 2010, Allianz New Europe Holding GMBH held an 84.61% stake in the Company.