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Norton Rose Fulbright advises Generali on sale of Fata Danni to Cattolica for €179 mln

27 Nov 2013

Norton Rose Fulbright has advised Generali Group ("Generali") on the sale of 100 percent of the capital of Fata Assicurazioni Danni S.p.A. ("Fata Assicurazioni") to Cattolica for a total gross consideration of €179 million. The sale purchase agreement was signed on November 20, 2013. Fata Assicurazioni operates in the insurance sector business niche of agricultural risks through a distribution network of 171 agencies across Italy. The Norton Rose Fulbright team for Generali was led by Milan-based partner and Head of the Italian practice, Nicolò Juvara, and comprised also of counsel Salvatore Iannitti, associates Alessandra Fratus and Orsola Zane, and partner Andrea Zulli with associate Elisabetta Grassi for antitrust and competition law matters. KPMG Corporate Finance acted as financial advisor to Generali. Gianni Origoni Grippo Cappelli & Partners assisted Cattolica Assicurazioni.

Matter Type
M&A: Seller's Counsel
Industry
Insurance
News Category
M&A