US giant and Chiomenti to advise Allianz on acquisition of €5.7bn on shares in Italian insurance company
September 28, 2005 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Shearman & Sterling and Chiomenti have fought off competition from UK firms to take lead roles on Allianz’s €5.7bn (£3.87bn) acquisition of the remaining shares in Italy’s second largest insurance company.
Shearman is advising the German insurance group on its bid for the 45% stake that it does not already own in Riunione Adriatica di Sicurta, which is being advised by Italian leader Chiomenti.
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