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RTPR, Allen & Overy, Wolf Theiss, and Paksoy Advise on Sale of Aegon’s Business in Romania, Hungary, Poland, and Turkey

RTPR, Allen & Overy, Wolf Theiss, and Paksoy Advise on Sale of Aegon’s Business in Romania, Hungary, Poland, and Turkey

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Allen & Overy and RTPR have advised Dutch life insurance, pension, and asset management company Aegon on the EUR 830 million sale of its operations in Romania, Hungary, Poland, and Turkey to the Vienna Insurance Group. Wolf Theiss and Turkey’s Paksoy Law firm advised the buyer on the deal. 

The transaction is subject to regulatory and competition authority approval and is expected to close in the second half of 2021.

RTPR’s team in Romania consisted of Partner Mihai Ristici, Managing Associates Vlad Stamatescu and Vicu Buzac, Counsel Roxana Ionescu, Associates Cezara Urzica and Marina Fecheta-Giurgica, and Junior Associates Andrei Costea, Petrus Partene, Radu Manu, and Laura Costea.

Allen & Overy’s core team in Amsterdam included Senior Partner Brechje van der Velden, Partners Katinka Middelkoop, Tim Stevens, and Yvo de Vries, Counsels Rens Bondrager and Tjarda van der Vijver, Senior Associates Samuel Garcia Nelen, Diyashen Pillay, and Daphne van der Houwen, and Associates Iradj Nazaryar, Julius Hackeng, Dennis Budde, Jochem de Kok, Flora van Laar, and Tim de Raad.

The Wolf Theiss team consisted of, in Vienna, Partners Horst Ebhardt, Markus Bruckmuller, Hartwig Kienast, and Robert Wagner, Counsel Christine Siegl, and Associates Rahim Rastegar, Christopher Junger, and Christoph Raab; in Budapest, Partner Janos Toth, Counsels Barnabas Buzasi and Melinda Pelikan, Senior Associates Mark Chiovini and Marietta Molnar, and Associates Zoltan Bodog, Peter Ihasz, Laszlo Lovas, Andras Mozsolits, and Bela Madarasz; in Warsaw, Partner Jacek Michalski, Counsel Maciej Olszewski, Senior Associates Joanna Wajdzik, Agnieszka Nowak-Blaszczak, Iwona Huryn, Michal Kulig, and Jakub Pietrasik, and Associates Klaudia Dabrowska, Michal Koperski, Monika Gaczkowska, and Anna Nowodworska; and in Bucharest, Partners Ileana Glodeanu and Anca Jurcovan, Counsels Adelina Iftime-Blagean, Flaviu Nanu, and Mircea Ciocirlea, Senior Associates Andreea Stan and Adina Aurel, and Associates Cornelia Postelnicu, Iulia Cumparatu, Nina Lazar, Andreea Tudorache, Andrei Salageanu, and Ramona Enache.

Paksoy’s team consisted of Partner Togan Turan, Counsel Nazli Bezirci, and Associate Asli Eryilmaz.

Editor's note: After this article was published, NautaDutilh informed CEE Legal Matters that it had advised the Vienna Insurance Group on the deal. The firm's team included Partners Jaap Stoop, Pieternel Verhoeven-van den Brink, and Larissa Silverentand, Counsels Joost Kloosterman and Roderick Watson, Senior Associate Erik Poorthuis, and Associates Eva van Rooijen and Sanne Mesu.

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Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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