UniCredit and Allianz Strengthen Partnership in Croatia’s Bancassurance Market
October, 2022 - United States of America
DTB represented Allianz SE, one of the world’s leading insurers and asset managers, in two major transactions involving Zagrebacka banka d.d. (“Zaba”), a leading Croatian bank that is part of the UniCredit Group: The sale of Allianz SE’s 11.72% stake in Zaba to UniCredit Group, and Allianz Holding EINS’s GmbH purchase of Zaba’s 16.84% minority stake in Croatian insurance company Allianz Croatia d.d.
With these two deals, Unicredit and Allianz strenghted their positions in the Croatian banking market and reinforcing their long-standing and highly successful bancassurance partnership.
DTB Senior Partner Damir Topic and attorneys Dina Salapic and Dominik Glavina provided support to Allianz in these two related deals
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