Bär & Karrer Advises Generali on Sale of Fortuna Life Insurance to FWU
Generali (Switzerland) Holding Ltd. has signed an agreement to sell its subsidiary Fortuna Life Insurance Ltd., an insurance company put in run-off in 2015, headquartered in Vaduz, to FWU AG, a German financial services provider, headquartered in Munich. The transaction remains subject to completion of certain contractual conditions, as well as the approval by relevant authorities.
Bär & Karrer is acting as legal advisor to Generali in this transaction. The team includes Thomas Reutter, Michael Trippel, Daniel Heiniger and Daniel Raun (all M&A), Peter Hsu (Insurance), Mani Reinert (Merger Control) and Jonas Bornhauser (IT).