Generali’s sale of businesses in Guatemala and Liechtenstein


In Guatemala, Arias and BLP Legal advised on the deal

The Generali Group finalized two agreements to sell its businesses in Guatemala and Liechtenstein respectively. The transactions are part of its active investment management strategy that focuses on investments in geographic areas that are most attractive for the Group and in lines of business with greater potential and less capital or cash absorption.

In Guatemala, Generali finalized the sale of its participation, equivalent to 51% of the share capital, in Aseguradora General S.A., a company that is mainly active in the P&C segment, to its local partners.

Arias advised Generali, S.p.A with Jorge Luis Arenales (Picture) Ximena Tercero, Cynthia Soto and Ivón Hernandez.

BLP Legal advised Aseguradora General S.A. with María Inés Arenales, Alejandro Arenales, Alcy Martínez, Jorge Luis Molina and Pamela López.

Involved fees earner: María Inés Arenales – BLP; Alejandro Arenales – BLP; Alcy Martínez – BLP; Jorge Luis Molina – BLP; Pamela López – BLP; Jorge Luis Arenales – Arias ; Ximena Tercero – Arias ; Cynthia Soto – Arias ; Ivón Hernández – Arias ;

Law Firms: BLP; Arias ;

Clients: Generali S.p.A; Aseguradora General S.A.;

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Author: Ambrogio Visconti.