Hogan Lovells advises CNP Assurances in the agreement with UniCredit to rationalise the organisation of CNP Assurances Italian operations

Press releases | 01 August 2022

Paris, 1 August 2022 – Hogan Lovells has advised CNP Assurances in the signature of an agreement with UniCredit, its historical partner, for the acquisition by CNP Assurances of UniCredit’s 49% stake in CNP Vita Assicura S.p.A and the sale of 6.5% of CNP UniCredit Vita S.p.A. to UniCredit; and all connected implications for shareholders' agreements and the distribution of insurance products. This transaction is in line with CNP’s international growth strategy.

Completion of the transaction is subject to obtaining the necessary approvals by the competent authorities.

In Paris, the team included Stéphane Huten (partner), Ali Chegra (senior associate) and Maximilien Roland (associate) in Corporate; Sébastien Gros (partner), Ghina Farah (counsel) and Mohamed Boukesra (associate) on the Corporate Insurance/ Regulatory aspects; Eric Paroche (partner) and Victor Levy (counsel) on the Antitrust aspects.

In Italy the team included Francesco Stella (partner), Martina Di Nicola (counsel), Francesco De Michele (associate) on corporate aspects; Silvia Lolli (counsel) and Davide Valloni (associate) on insurance regulatory aspects.