Bernitsas has advised CVC on the merger-control process before the Hellenic Competition Commission for the sale of Ethniki Hellenic General Insurance to Piraeus Bank.
The sale was originally reported on by CEE Legal Matters on March 21, 2025.
CVC is a private markets manager focused on private equity, secondaries, credit, and infrastructure, with EUR 200 billion in assets under management.
Ethniki Asfalistiki is a Greek insurer offering life and non-life products.
Piraeus Bank is one of Greece’s four systemic banks.
According to Bernitsas, the HCC granted unconditional Phase I clearance for Piraeus Bank to acquire sole control of Ethniki Asfalistiki.
The Bernitsas team included Partner Marina Androulakakis.
