CMS Francis Lefebvre Avocats assisted AXA with the negotiation and signing of the agreement for the sale of its Greek subsidiary to Generali. This transaction is part of the simplification journey in line with the strategy adopted by AXA, which, under this agreement, is to sell its Greek subsidiary, a Property & Casualty and Life & Savings insurance operator, for €165 million.
The CMS Francis Lefebvre Avocats team, led by Jean-Robert Bousquet, a Partner in Corporate/M&A, comprised Benoît Gomel, Legal Counsel, for Corporate/M&A aspects, and Edouard Milhac, Partner, and Rémy Lefebvre, Associate, for tax aspects.
For aspects of Greek law, our team was assisted by the Greek firm Zepos & Yannopoulos, with Anastasia Makri, Partner, and Smaragda Spyrou, Associate.
Financial advice was provided by BNPP, with Jean-Sebastien Dietsch and François Labrot.
Generali was advised by the firm Kyriakides Georgopoulos, with Konstantinos Issaias, Partner, and Vasileios P. Douzenis, Associate.
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