8 December – LAWFUEL – The Law News Network – Allen & Overy advised Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in Munich on the sale of 185 million shares in UniCredito Italiano S.p.A. The shares were sold after selection of the banks in an auction procedure at a price close to market. The proceeds amounted to approximately one billion Euro.
The Allen & Overy team was led by partners Dr. Michael Schlitt (coordination, Frankfurt), Daniel Epstein (US law group, London) and Dr. Asmus Mihm (Tax, Frankfurt). They were assisted by Dr. Susanne Schäfer, Dr. Christian Ries, Michael Gottmann and Dr. Heike Weber (all Frankfurt) as well as Dr. Dorothee Fischer-Appelt (US law group, London). The team was completed by Francesca Zordan (Milan).
Michael Schlitt comments:
“Being mandated on an important transaction for Munich Re highlights again both the strength of our relationship and the strength of our international equity capital markets team.”