Stibbe advised AIG on the Luxembourg law aspects of its strategic investments in Convex and Onex

Matter
LU Law
Expertise
Corporate and M&A Private Equity Insurance

Stibbe advised American International Group, Inc. (“AIG”) on the Luxembourg law aspects of its strategic investment of approximately $2.1 billion in Convex Group Limited, a global specialty insurer, and approximately $646 million in Onex Corporation, a global asset manager.

Glass skyscrapers in Brussels city with pedestrians strolling along the sidewalks.

The transaction required securing the necessary supervisory clearance from the Luxembourg insurance sector regulator, the Commissariat aux Assurances, in relation to the indirect acquisition of a qualifying holding of AIG in the non-life insurer company, Convex Europe S.A. 

Key contact(s)

Team