SStibbe advises Athora

NL Law

Stibbe is advising insurance and reinsurance group Athora on its acquisition of Vivat N.V. from Anbang and the related sale of Vivat Schadeverzekeringen to NN Group. The acquisition marks a significant step of Athora’s entry into the Dutch life insurance market following acquisitions in Ireland, Belgium and Germany.

Athora will retain VIVAT’s life and asset management businesses. NN Group will acquire the non-life business as the new owner of VIVAT Schadeverzekeringen as soon as possible following the closing of the acquisition by Athora.