Pérez-Llorca advises Santa Lucía on the 50% acquisition of CCM Vida y Pensiones
Pérez-Llorca has advised Santa Lucia SA Compania de Seguros y Reaseguros, the Spain based life and health insurance company, on the 50% acquisition of CCM Vida y Pensiones Seguros y Reaseguros SA, the local life insurance company and 50% of Liberbank Vida y Pensiones Seguros y Reaseguros SA, the Spain based multi-line insurance policies providing company from Unicaja Banco SA, the local savings bank.
The consideration was €358m ($381.13), which consist of €318m paid in cash, €40m paid in earnout.
The advisory team was formed by Joaquín Ruiz Echauri (partner), Juan Jiménez Laiglesia (partner), José Suárez (partner), Fátima Eizaguirre (associate) and Francisco León González (of counsel).
Uría Menéndez advised Unicaja Banco. The team was formed by Guillermo San Pedro (partner, M&A-Private Equity); Jaime del Fraile (counsel, M&A-Private Equity); Violeta Pina (counsel, Tax); Carmen Santo (associate, M&A-Private Equity) and Ignacio Díaz de Rábago (associate, M&A-Private Equity).
