Our team provided support for the transaction of acquisition of Seesam Insurance by Vienna Insurance Group. We delivered an extensive due diligence report of Seesam Insurance AS Lithuanian branch, assisted in the shares purchase agreement and consulted on other matters related to the transaction. The assignment went far beyond preparation of the deal documents and included negotiations, elaboration of the legal scheme, remedy of the identified risks and competition consultancy for the purposes of merger clearance.
The deal is remarkable due its legal complexity, short terms and international cooperation of pan-Baltic legal and financial teams. The deal is recognition of our team’s strength in the insurance industry and M&А practice group.