January 2019 – Kinstellar has successfully advised the Dutch insurer NN Group on the completion of its acquisition of Aegon’s Czech life insurance business, as well as of its Slovak life and pension insurance businesses, for a combined total of EUR 155 million.
Apart from the transactional advice, Kinstellar also represented NN in proceedings to obtain approvals of the transaction from the Czech National Bank and National Bank of Slovakia, as well as from the Czech and Slovak antimonopoly offices.
Kinstellar’s team in the Czech Republic was led by Karla Rundtová (Of Counsel) and Lukáš Ševčík (Partner). Other key members in Prague were Martina Březinová and Tomáš Čihula (Counsel) and Tereza Naučová and Pavla Krsková (Senior Associates). The team in Slovakia included Adam Hodoň and Roman Oleksik (Partners), Dominika Bajzáthová (Senior Associate) and Marko Ernek (Associate). Květoslav Krejčí (Partner) supported the teams in relation to the transaction’s English law aspects.