WARSAW – LAWFUEL – Legal News, Legal Jobs – Allen & Overy has advised Aegon on the acquisition of a Polish pension company, PTE Ergo Hestia S.A., from Munich Re Group. This represents the first acquisition of a pension company in Poland since the new regulatory authority was introduced through the law on financial market supervision on 4 September 2006.
Corporate partner Jaroslaw Iwanicki was assisted on the transaction by associates Artur Nowacki and Anna Osińska.
Jaroslaw Iwanicki commented : “We are very pleased to have worked on this landmark acquisition for the Polish pension industry. This deal has strengthened our longstanding relationship with Aegon, having also advised it last year on the acquisition of a life insurance company.”
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