Samsung Fire & Marine Insurance Co., Ltd. (KOSE:A000810) agreed to acquire an unknown minority stake in Canopius AG on May 3, 2019. Under the terms of the transaction, SFMI will become a significant minority investor in Canopius. The transaction is subject to necessary regulatory consents and is expected to close in the third quarter of 2019. GC Securities acted as financial advisor and Freshfields Bruckhaus Deringer acted as legal advisor to Canopius, while Macquarie Capital (Europe) Limited acted as financial advisor and Norton Rose Fulbright LLP acted as legal advisor to Samsung Fire & Marine Insurance.