UniCredit and Allianz Strengthen Partnership in Croatia’s Bancassurance Market
UniCredit and Allianz Strengthen Partnership in Croatia’s Bancassurance Market
October 2022
Divjak Topic Bahtijarevic & Krka Law Firm represented Allianz SE, one of the world’s leading insurers and asset managers, in two significant transactions involving Zagrebacka Banka d.d. (“Zaba”), a leading Croatian bank that is part of the UniCredit Group: The sale of Allianz SE’s 11.72% stake in Zaba to UniCredit Group, and Allianz Holding EINS’s GmbH purchase of Zaba’s 16.84% minority stake in Croatian insurance company Allianz Croatia d.d.
With these two deals, Unicredit and Allianz strengthened their positions in the Croatian banking market, reinforcing their long-standing and highly successful bancassurance partnership.
DTB Senior Partner Damir Topic and attorneys Dina Salapic and Dominik Glavina supported Allianz in these two related deals.
October 2022
Divjak Topic Bahtijarevic & Krka Law Firm represented Allianz SE, one of the world’s leading insurers and asset managers, in two significant transactions involving Zagrebacka Banka d.d. (“Zaba”), a leading Croatian bank that is part of the UniCredit Group: The sale of Allianz SE’s 11.72% stake in Zaba to UniCredit Group, and Allianz Holding EINS’s GmbH purchase of Zaba’s 16.84% minority stake in Croatian insurance company Allianz Croatia d.d.
With these two deals, Unicredit and Allianz strengthened their positions in the Croatian banking market, reinforcing their long-standing and highly successful bancassurance partnership.
DTB Senior Partner Damir Topic and attorneys Dina Salapic and Dominik Glavina supported Allianz in these two related deals.