Boyanov & Co. has advised Generali CEE Holding in the acquisition of United Health Insurance Fund Doverie. Djingov, Gouginski, Kyutchukov & Velichkov advised the seller.
The deal will be completed subject to the required regulatory and concentration clearance permits.
Doverie is one of Bulgaria's largest health insurance providers. According to Boyanov & Co, "this strategic acquisition marks a significant milestone in Generali's expansion within the Bulgarian market...[It] underscores Generali's commitment to enhancing its presence in the health insurance sector and providing comprehensive healthcare solutions to its clients."
The Boyanov & Co team was led by Partner Yordan Naydenov and included Partner Peter Petrov and Senior Counsel Svetlina Kortenska.
The DGKV team was led by Partners Georgi Tzvetkov and Valentin Bojilov.