Aviva - disposal of a stake in Delta Lloyd N.V.

  • 11 July 2012
 

Slaughter and May, working as an integrated team with De Brauw Blackstone Westbroek N.V. and Willkie Farr & Gallagher LLP, advised Aviva plc on its disposal of a stake of approximately 21% in the listed Dutch insurer Delta Lloyd N.V. for approximately £320 million.

The disposal which completed on 11 July 2012 follows Aviva plc's recent announcement that it intends to narrow focus on fewer business segments and it reduces Aviva's shareholding in Delta Lloyd to just below 20% of Delta Lloyd's issued ordinary share capital.

Morgan Stanley & Co. International plc and Goldman Sachs International acted as joint bookrunners and placing agents in relation to the disposal.

 
 

Contacts

 

Mergers and Acquisitions/Corporate and Commercial: Jonathan Marks (partner), Jonathan Wiseman (associate), William Hogarth (associate)

De Brauw Blackstone Westbroek N.V.: Pierre Nijnens (partner), Joost Schutte (partner), Dirk Struycken (associate), Deline Kruitbosch (associate)

Willkie Farr & Gallagher: Joseph Ferraro (partner)

 
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