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DTB Advises Allianz on Bancassurance Transactions with UniCredit in Croatia

DTB Advises Allianz on Bancassurance Transactions with UniCredit in Croatia

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Divjak Topic Bahtijarevic & Krka has advised Allianz on the sale of its 11.72% stake in Zagrebacka Banka to the UniCredit Group and on Allianz Holding Eins’ purchase of Zagrebacka Banka’s 16.84% stake in insurance company Allianz Croatia. Schoenherr reportedly advised UniCredit on the transactions.

Allianz is an insurer and asset manager.  Zagrebacka Banka, a Croatian bank, is part of the UniCredit Group.

According to DTB, “with these two deals, Unicredit and Allianz strengthened their positions in the Croatian banking market and reinforced their long-standing and highly successful bancassurance partnership.”

DTB’s team included Senior Partner Damir Topic and Attorneys Dina Salapic and Dominik Glavina.

DTB at a Glance

DTB is internationally recognized and award-winning top-tier Croatian legal service provider. For almost thirty years, DTB has been successfully advising national and multinational corporations, financial institutions, investors, and governments both in everyday business and in sophisticated strategic transactions. Its dedicated team of unrivalled efficiency and competence has an interdisciplinary approach tailored to all clients’ legal needs.

Since its establishment in 1994, DTB has been constantly growing in the number of legal areas in which it provides legal services, hence today it represents a one-stop shop for any legal or corporate inquiries made by potential or existing clients. DTB’s main expertise is corporate and commercial, M&A, real estate and project finance, banking, finance and capital markets, regulatory and compliance, IP & TMT, competition and antitrust, energy, labor law and dispute resolution.

DTB’s highly ranked market position in many practice areas is reflected by constant awards and rankings of leading independent researchers. The law firm is also a member of several leading law firm networks, not only on regional, but also on the global level.

For more details, please visit dtb.hr.