-
Europe’s largest insurer Allianz completes acquisition of Aviva’s operations in Lithuania and Poland
Our client Allianz SE, Europe’s largest insurer, completed the acquisition of life and non-life insurance operations, as well as the pension and asset management business, in Poland and Lithuania from Aviva Group (which includes its Lithuanian subsidiary Aviva Lithuania). The total value of the transaction is EUR 2.7 billion. Allianz’s largest deal globally in a […]
-
Lithuania borrows EUR 750 million on international markets
We represented banks dealers in Lithuania’s borrowing of EUR 750 million by issuing a 30-year Eurobond issue. The annual interest rate for this emission is 0.75%. Lithuania’s fourth 30-year Eurobond issue This is Lithuania’s fourth 30-year Eurobond issue, which will ensure the interest will be fixed at a low level for a long period of […]
-
Agathum distributes bond issue
We advised real estate management company Agathum on issuing their first non-public three-year bond issue, with a nominal value of EUR 1.5 million. The bond issue was distributed by Šiaulių bankas. In the future, the company will have the opportunity to increase its bond issue to EUR 3 million. The company will pay 7.5% annual […]
-
Invalda INVL seeks to acquire Mandatum Life’s Baltic insurance business
We are assisting asset management group Invalda INVL in acquiring Mandatum Life’s Baltic insurance business. Mandatum Life is one of Finland’s largest life insurance companies, which also operates in the Baltics through branch operations across Lithuania, Latvia and Estonia. Invalda INVL has signed a deal in principle to acquire Mandatum Life’s Baltic insurance business. Completion […]
-
Allianz to acquire Aviva’s operations in Lithuania and Poland
Our client Allianz SE, Europe’s largest insurer, has agreed to acquire life and non-life insurance operations, as well as the pension and asset management business, in Poland and Lithuania from Aviva Group (which includes its Lithuanian subsidiary Aviva Lithuania). The total value of the transaction is EUR 2.7 billion. Allianz is set to become number […]