THE LATIN AMERICAN LAWYER – Demarest assists Generali on the sale of its equity stake on BMG

23 Mar THE LATIN AMERICAN LAWYER – Demarest assists Generali on the sale of its equity stake on BMG

Demarest assisted Assicurazioni Generali in the sale of its total equity stake (30%) in BMG Seguros to BMG Participações em Negócios, a subsidiary of Banco BMG (B3: BMGB4), for EUR 9 million, in addition to the offset of EUR 20 million due by Generali to BMG Participações.

The transaction is still subject to the fulfillment of certain conditions precedent, including approval by CADE.

Demarest Advogados relied on partner Andre Alarcon (pictured) and lawyers Bruno Drago, Christiano Chagas, Fabio Braga, Fernanda Harari, Gabriel Carvalho, Joao Pedro Saccomano Zoccoli, Leticia Galdino Wanderley, Lucas Lopes Parra, Thiago Sandim.

VBSO Advogados advised Banco Bmg and relied on partner Amanda Visentini Rodrigues and associates Rodrigo Felli Paes de Barros and Beatriz Soares Locoselli.

 

Read full article: https://thelatinamericanlawyer.com/demarest-assists-generali-on-the-sale-of-its-equity-stake-on-bmg/