Allen & Overy advises Old Mutual on the sale of Skandia Germany and Skandia Austria
Allen & Overy has advised Old Mutual on the sale of Skandia Germany and Skandia Austria, part of Old Mutual Wealth, to a Cinven and Hannover Re acquisition vehicle (shortly to be renamed Heidelberger Leben Group). The transaction volume is €220m (£180m) in cash, plus interest to completion. The transaction is still subject to regulatory approvals and other […]