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 […]
Sorainen successfully represented Valdas Šarūnas, a former director of Kėdainių aruodai, in a case concerning compensation for damages related to company losses. Last year Kėdainių aruodai blamed the former manager for a bad harvest and related losses and claimed more than EUR 1 million in the Kaunas Regional Court. On 11 October, 2018 the Court […]
Sorainen advised insurance broker company Aon Baltic in acquiring 100% shares in Balto Link. This is the largest acquisition deal in the Baltic brokerage business in recent years. The acquisition was completed on 28 December 2017. Total value is not disclosed. Aon Baltic is the biggest insurance broker company operating in Estonia, Latvia and Lithuania. […]