Slaughter and May advised Ageas on its acquisition of a 25% stake in Taiping Reinsurance Co Ltd

Slaughter and May is acting for Ageas on its agreement with China Taiping Insurance Holdings (“CTIH”) to acquire a 25% stake in the enlarged share capital of Taiping Reinsurance Co. Ltd (“TPRe”), a wholly-controlled subsidiary of CTIH, for a total consideration of HK$3.1 billion (approximately £300 million).

Slaughter and May advised on English law aspects of the transaction as part of a team with Paul, Weiss, Rifkind, Wharton & Garrison LLP and Haiwen & Partners.