Muñoz Tamayo and Posse Herrera Ruiz advised on the deal
Assicurazioni Generali S.P.A. and Transocean Holding Corporation, members of the Generali Group, finalized the sale of their entire stake in Generali Colombia Seguros Generales S.A. and Generali Colombia Vida Compañía de Seguros S.A. to the German group Talanx, which purchased the shares from the Generali Group in the Colombian companies through its subsidiary Saint Honore Iberia SLU.
The transaction was valued at around EUR 29 million.
Assicurazioni Generali S.p.A. offers life and non-life insurance and reinsurance throughout the world. The company, led by Philippe Roger Donnet, Luigi Lubelli and Bruce Hodges, in 2017 recorded €87 billion Revenues.
Talanx AG operates as a holding company. The Company, through its subsidiaries, provides insurance and financial services. Talanx, led by Herbert K Haas, Christian Hinsch and Immo Querner, in 2017 recoreded €33.52 Billion Revenues.
Muñoz Tamayo & Asociados advised Talanx Group with Diego Muñoz Tamayo (Picture), Felipe Trias and David Mayorga.
Posse Herrera Ruiz advised Generali Group with Jaime Herrera (Picture), Óscar Tutasaura, Hernán Panesso, Lina Lineros Natalia Fernández, Nicolás Peña and Rodrigo Salas.
Involved fees earner: Diego Muñoz Tamayo – Muñoz Tamayo & Asociados; David Mayorga Gonzalez – Muñoz Tamayo & Asociados; Felipe Trias Visbal – Muñoz Tamayo & Asociados; Jaime Cubillos – Posse Herrera Ruiz; Oscar Tutasaura – Posse Herrera Ruiz; Nicolás Peña – Posse Herrera Ruiz; Hernán Panesso – Posse Herrera Ruiz; Lina Lineros – Posse Herrera Ruiz; Rodrigo Salas – Posse Herrera Ruiz;