Ashurst advises on Life Company Consolidation Group's €409 million acquisition of Generali Worldwide and Generali Link
International law firm Ashurst is advising the lenders on new acquisition facilities supporting Life Company Consolidation Group's ("LCCG") agreement with Generali to acquire the entire shareholdings in Generali Worldwide Insurance Company Limited ("Generali Worldwide") and Generali Link Limited ("Generali Link).
Generali will receive approximately €409 million as base consideration and a contingent consideration of up to €10 million to be paid at completion, for the sale of its stakes in Generali Worldwide and Generali Link.