Allen & Overy advised Aviva, while Hogan Lovells advised CNP Assurances. Legance – Avvocati Associati assisted UniCredit.
Completion of the sale of the life insurance business to the French insurance group CNP Assurances Group, for 543 million euros, through the sale of the entire capital of Aviva Life SpA, the Aviva Italia Servizi carl consortium, and 51% of Aviva SpA , the bancassurance joint venture with UniCredit.
This transaction concludes the exit of Aviva from the Italian market.
Allen & Overy assisted Aviva with a team headed by partner Paolo Ghiglione, who coordinated a corporate team made up of associates Giorgio Savo and Nicoletta Botta and trainee Davide Cinefra, a regulatory team headed by counsel Alessandra Pala with associate Tommaso D ‘ Andrea di Pescopagano, a tax team headed by partner Francesco Guelfi with associate Simona Simone, a labor and data protection team headed by partner Livio Bossotto with senior associate Claudio Chiarella and associate Elena Cirotti, an antitrust team headed by counsel Emilio De Giorgi with the associate Marco Lupoli and a team composed of the counsel Luca Amicarelli, the senior associate Marco Biallo and the associate Stefania Casini on aspects of golden power. The Allen & Overy London team involved in the operation was led by partners David Broadley and Claire Coppel, with associate Zara Sproul.
Aviva’s in-house legal team was headed by general counsel for Italy Luca Gentile.
Hogan Lovells assisted CNP Assurances with an Italian and French cross-border team. The Italian team was led by corporate partner Francesco Stella and Martina Di Nicola (counsel, corporate) and also made up of Francesco De Michele (associate, corporate), Fabrizio Grillo (senior associate, employment), Silvia Lolli (counsel responsible for the regulatory insurance), Maria Luce Piattelli (counsel, IP), Giulia Monacelli (associate, financial institutions) and Giuseppe Angiò (trainee, corporate). The French team was led by Stéphane Huten (partner, corporate) with Sébastien Gros (partner, corporate), Eric Paroche (partner, antitrust), Paul Leroy and Ghina Farah (counsels, corporate), Ali Chegra (senior associate, corporate) , Victor Levy (associate, antitrust), Maximilien Roland (associate, corporate), Mohamed Boukesra (associate, corporate), Mikael Salmela (partner), Jessica Clemens-Jones (associate), Patrice Navarro (partner), Thierry Meillat (partner) , Alexander Premont (partner), Joseph Newton (associate senior).
Legance – Avvocati Associati assisted UniCredit with a team headed by senior partner Gian Paolo Tagariello and made up of managing associate Lorenzo De Rosa and associate Matteo Fittante for corporate and contractual profiles, senior associate Armenia Riviezzo for authorization profiles and partner Vito Auricchio and the senior associate Nicoletta De Mucci for antitrust profiles.
UniCredit’s in-house legal team was headed by Roberto Tazzioli, Head of Group Legal Npe & Corporate Transactions, with the assistance of Valeria Bozzi and Simona Impaccio.
Involved fees earner: Luca Amicarelli – Allen & Overy; Marco Biallo – Allen & Overy; Livio Bossotto – Allen & Overy; Nicoletta Botta – Allen & Overy; David Broadley – Allen & Overy; Stefania Casini – Allen & Overy; Claudio Chiarella – Allen & Overy; Davide Cinefra – Allen & Overy; Elena Cirotti – Allen & Overy; Claire Coppel – Allen & Overy; Tommaso D’Andrea di Pescopagano – Allen & Overy; Emilio De Giorgi – Allen & Overy; Paolo Ghiglione – Allen & Overy; Francesco Guelfi – Allen & Overy; Marco Lupoli – Allen & Overy; Alessandra Pala – Allen & Overy; Giorgio Savo – Allen & Overy; Simona Simone – Allen & Overy; Zara Sproul – Allen & Overy; Giuseppe Angiò – Hogan Lovells; Ali Chegra – Hogan Lovells; Francesco De Michele – Hogan Lovells; Martina Di Nicola – Hogan Lovells; Ghina Farah – Hogan Lovells; Fabrizio Grillo – Hogan Lovells; Sébastien Gros – Hogan Lovells; Stéphane Huten – Hogan Lovells; Paul Leroy – Hogan Lovells; Victor Levy – Hogan Lovells; Silvia Lolli – Hogan Lovells; Thierry Meilla – Hogan Lovells; Giulia Monacelli – Hogan Lovells; Patrice Navarro – Hogan Lovells; Joseph Newton – Hogan Lovells; Eric Paroche – Hogan Lovells; Maria Luce Piattelli – Hogan Lovells; Alexander Premont – Hogan Lovells; Maximilien Roland – Hogan Lovells; Mikael Salmela – Hogan Lovells; Francesco Stella – Hogan Lovells; Vito Auricchio – Legance; Nicoletta De Mucci – Legance; Lorenzo De Rosa – Legance; Matteo Fittante – Legance; Armenia Riviezzo – Legance; Gian Paolo Tagariello – Legance;