Allen & Overy and RTPR have advised Dutch life insurance, pension, and asset management company Aegon on the EUR 830 million sale of its operations in Romania, Hungary, Poland, and Turkey to the Vienna Insurance Group. Wolf Theiss and Turkey’s Paksoy Law firm advised the buyer on the deal.
The transaction is subject to regulatory and competition authority approval and is expected to close in the second half of 2021.
RTPR’s team in Romania consisted of Partner Mihai Ristici, Managing Associates Vlad Stamatescu and Vicu Buzac, Counsel Roxana Ionescu, Associates Cezara Urzica and Marina Fecheta-Giurgica, and Junior Associates Andrei Costea, Petrus Partene, Radu Manu, and Laura Costea.
Allen & Overy’s core team in Amsterdam included Senior Partner Brechje van der Velden, Partners Katinka Middelkoop, Tim Stevens, and Yvo de Vries, Counsels Rens Bondrager and Tjarda van der Vijver, Senior Associates Samuel Garcia Nelen, Diyashen Pillay, and Daphne van der Houwen, and Associates Iradj Nazaryar, Julius Hackeng, Dennis Budde, Jochem de Kok, Flora van Laar, and Tim de Raad.
The Wolf Theiss team consisted of, in Vienna, Partners Horst Ebhardt, Markus Bruckmuller, Hartwig Kienast, and Robert Wagner, Counsel Christine Siegl, and Associates Rahim Rastegar, Christopher Junger, and Christoph Raab; in Budapest, Partner Janos Toth, Counsels Barnabas Buzasi and Melinda Pelikan, Senior Associates Mark Chiovini and Marietta Molnar, and Associates Zoltan Bodog, Peter Ihasz, Laszlo Lovas, Andras Mozsolits, and Bela Madarasz; in Warsaw, Partner Jacek Michalski, Counsel Maciej Olszewski, Senior Associates Joanna Wajdzik, Agnieszka Nowak-Blaszczak, Iwona Huryn, Michal Kulig, and Jakub Pietrasik, and Associates Klaudia Dabrowska, Michal Koperski, Monika Gaczkowska, and Anna Nowodworska; and in Bucharest, Partners Ileana Glodeanu and Anca Jurcovan, Counsels Adelina Iftime-Blagean, Flaviu Nanu, and Mircea Ciocirlea, Senior Associates Andreea Stan and Adina Aurel, and Associates Cornelia Postelnicu, Iulia Cumparatu, Nina Lazar, Andreea Tudorache, Andrei Salageanu, and Ramona Enache.
Paksoy’s team consisted of Partner Togan Turan, Counsel Nazli Bezirci, and Associate Asli Eryilmaz.
Editor's note: After this article was published, NautaDutilh informed CEE Legal Matters that it had advised the Vienna Insurance Group on the deal. The firm's team included Partners Jaap Stoop, Pieternel Verhoeven-van den Brink, and Larissa Silverentand, Counsels Joost Kloosterman and Roderick Watson, Senior Associate Erik Poorthuis, and Associates Eva van Rooijen and Sanne Mesu.