On March 24, 2009, Swiss Life Holding announced that it had entered into a strategic partnership with Talanx, a major German insurance company. In connection with the strategic cooperation, Talanx agreed to acquire up to 9.9% of the shares in Swiss Life, and further took over a participation of 8.4% in MLP, a German financial advisory company, from Swiss Life.
Swiss Life was advised on this transaction by Gleiss Lutz as to German law, and by Homburger AG as to Swiss law.
The Gleiss Lutz team consisted of Dr. Christian Cascante (partner, corporate/M&A, lead), Dr. Hansjörg Scheel (partner, insurance regulatory, both Stuttgart) and Dr. Petra Linsmeier (partner, competition law, Munich). The Homburger team comprised Dr. Daniel Daeniker (partner) and Simon Lang.
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