Hogan Lovells advises BNP Paribas on the purchase of Cargeas

Hogan Lovells has advised BNP Paribas Cardif on the acquisition of a 50% + 1 share in the share capital of Cargeas Assicurazioni, a major non-life bancassurance provider in Italy. A 50% - 1 share is already owned by BNP Paribas Cardif, who acquired the remaining 50% + 1 share, making them sole shareholder.

The transaction, which is subject to regulatory approval, is expected to close before the end of 2017.

The Hogan Lovells team advising BNP Paribas was led by Milan corporate partner Francesco Stella, with counsel Silvia Lolli and senior associates Nicoletta Spinaci and Claudia Colomba.

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