Law GovLaw Gov

    Subscribe to Updates

    Get the latest legal news from from all around the world directly to your inbox.

    What's Hot

    The Asia Legal Briefing: Do British Firms in Asia Suffer From an Identity Crisis?

    August 12, 2022

    Destroying the Myth of the ‘Gladiator’ Lawyer

    August 11, 2022

    Freshfields Adds Ropes & Gray Partner for Second London Lateral Hire in a Week

    August 11, 2022
    Facebook Twitter Instagram
    Law GovLaw Gov
    • Privacy Policy
    • Guest Post
    • Terms
    • Contact
    Facebook Twitter Instagram
    SUBSCRIBE
    • Home
    • News
    • Law Firms
    • Legal Technology
    • Law Practice
    • Litigation
    • Regulation
    Law GovLaw Gov
    Home » Magic Circle Duo Advise on Allianz’s €2B African Joint Venture

    Magic Circle Duo Advise on Allianz’s €2B African Joint Venture

    May 10, 20222 Mins Read Regulation
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    Two of the U.K. Magic Circle firms have won roles alongside South African heavyweight Webber Wentzel advising on international insurance and asset management giant Allianz’s €2 billion joint venture with Sanlam, the largest non-banking financial services company in Africa.

    The two are combining their current and future operations across Africa to create the largest Pan-African non-banking financial services entity on the continent, according to announcements by the companies.

    Webber Wentzel and Allen & Overy are advising Sanlam on the deal.

    Webber Wentzel partner Annabel Parry said she is leading the firm’s team advising Sanlam on this matter, with the team also including partners Daryl Dingley, Warren Drue, Johannes Smit, Hafiesa Samsodien, Shirleen Ritchie, Anne Bennett, Christo Els, Johan Henning, Kent Davis. Neo Penn, Ghassan Sader and Sarah Manley.

    Allen & Overy is advising Sanlam on English Law matters, according to a statement regarding the deal by the Johannesburg Stock Exchange.

    According to a spokesperson at the firm, the Slaughter & May team advising Allianz was lead by partner Craig Cleaver, who was assisted by partners Nick Pacheco, Jonathan Slade, David Ives, and Gareth Miles.

    The Allianz and Sanlam joint venture will ecompass the business units of both companies, initially operating in 29 countries across the African continent, according to the Allianz statement.

    The chairmanship of the joint venture partnership will rotate every two years between Sanlam and Allianz, and the CEO of the entity will be named in due course, according to its statement.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Freshfields Adds Ropes & Gray Partner for Second London Lateral Hire in a Week

    August 11, 2022

    Thanks to US Government Regulators, Law Firms See Increasing Business in ESG

    August 10, 2022

    Risks and Rewards: What Does It Take to Be a Successful International Firm Amid Today’s Global Turmoil?

    August 9, 2022

    UK’s New AI Regulatory Approach Diverges From EU, But Shares Common Principles

    August 5, 2022

    Ex-Jones Day Partner Found In Contempt of Court in Ocado Battle

    August 3, 2022

    Hogan Lovells’ German M&A Compliance App Underscores Broader Automation Push

    August 3, 2022

    Leave A Reply Cancel Reply

    Don't Miss
    Law Firms

    Destroying the Myth of the ‘Gladiator’ Lawyer

    Francesco MazzagattiAugust 11, 20220

    When the Chief Justice of Ontario, Canada’s largest province and home to two of its…

    Freshfields Adds Ropes & Gray Partner for Second London Lateral Hire in a Week

    August 11, 2022

    PwC Legal Advises VDV Packaging on Acquisition of Unipap

    August 11, 2022

    Proactive Steps to Mitigate Liability Risks to Your Practice

    August 11, 2022

    Subscribe to Updates

    Get the latest legal news from from all around the world directly to your inbox.

    Our Picks

    Karanovic & Partners Advises Hidden Harbor Capital Partners on Acquisition of Dayco

    August 11, 2022

    Wardynski & Partners and Deloitte Legal Advise on Bio-Rad Laboratories’ Acquisition of Curiosity Diagnostics

    August 11, 2022

    Jones Day Latest Firm To Increase London NQ Salary

    August 11, 2022

    Industry’s High Pay Should Be Celebrated, CMS Managing Partner Says

    August 11, 2022
    Law Gov
    Facebook Twitter Instagram Pinterest
    • Privacy Policy
    • Contact
    • Guest Post
    • Terms & Conditions
    © 2022 Law Gov. All rights reserved. Developed by Sawah Dev.

    Type above and press Enter to search. Press Esc to cancel.