FRANKFURT AM MAIN – LAWFUEL – Law News, Law Jobs – Allen & Overy LLP has advised Nikko Principal Investments Ltd. (NPIL), London, on the acquisition of a 51% stake in the Munich-based Life Bond Group. Life Bond is active in the secondary markets for German life insurance policies and, through funds it manages, for US life insurance policies. NPIL is a wholly-owned subsidiary of Nikko Cordial Corporation, one of the largest Japanese securities houses.
“The cooperation with Life Bond offers NPIL the opportunity to enter the German market and therefore is an important strategic step,” says Dr. Reinhard Hermes, partner at Allen & Overy’s Frankfurt office. “We are delighted to have been chosen as advisors on this transaction.”
The Allen & Overy team was led by Dr. Reinhard Hermes, supported by counsel Dr. Volker Balda and associate Myriam Schilling.
For further information please contact Partner Dr. Reinhard Hermes (reinhard.hermes@allenovery.com) on +49 (0)69 2648 5740 or Sarah Fitzpatrick
(sarah.fitzpatrick@allenovery.com) on +44 (0)20 7330 2395 or Steffen Müller (steffen.mueller@allenovery.com) on +49 (0)69 2648 5479.
