Stibbe advises Ardian on strategic investment in Diot-Siaci
Stibbe, working alongside lead counsel Weil, Gotshal & Manges LLP, advises Ardian on its strategic investment in the Diot-Siaci Group, a European leader in corporate insurance brokerage.
The transaction involves Ardian's acquisition of shares held by Ontario Teachers' Pension Plan, Bpifrance, Cathay Capital and other minority shareholders. Following the acquisition, Ardian will become Diot-Siaci's lead financial shareholder, alongside the Burrus Group and the management team.
This transaction marks a new phase of growth for Diot-Siaci, reinforcing its global capabilities and strengthening its position among the world's leading players in the insurance industry.
This transaction remains subject to approval by the relevant regulatory and competition authorities.
For more information, we refer to Ardian’s press release.
The Stibbe team is led by Corporate M&A Partner Bernard Beerens and Tax Partner Johan Léonard, with team composed of Christophe Martin-Raynaud (Tax Counsel) and Sébastien Dauber (Corporate Senior Associate).