7th of September 2023
Sharkawy and Sarhan advising Allianz SE on all Egyptian law aspects relating to its landmark joint venture with Sanlam Limited, creating the largest pan-African non-banking financial services business in the continent.
Keywords: Infrastructure and Power
We are delighted to share that we have advised Allianz SE on all Egyptian law aspects relating to its landmark joint venture with Sanlam Limited, creating the largest pan-African non-banking financial services business in the continent. This landmark transaction is expected to reshape the African insurance landscape and create significant value for both companies and their customers.
The transaction, which is transformational to the Egyptian insurance market, spanned across more than 20 months and included 27 jurisdictions. This joint venture “SanlamAllianz” is expected to have a combined group equity value (GEV) of approximately R35 billion.
Sharkawy and Sarhan’s team provided legal advice on all Egyptian law aspects of the transaction including structuring, regulatory approvals and anti-trust matters. In addition, our team acted for both Allianz SE and Sanlam Limited on matters concerning the satisfaction of Egyptian financial and anti-trust regulatory conditions leading to a successful completion of the transaction.
We enjoyed working closely with the Allianz SE and the Sanlam Limited teams, as well as Slaughter and May who acted as international counsel to Allianz on this transaction. Our team was led by Partners, Heba -T- Allah (Heba) Anwar Ahmed Raslan, Esraa Abdelmoniem, and Mohamed Nabil Hazzaa, closely supported by Associates, Farahnaz Abdel Bary and Natalia Dybich.
Congratulations Allianz and Sanlam on this historic achievement and thank you for the trust and confidence in our firm! We look forward to continuing our long-standing relationship and to supporting SanlamAllianz!
We are delighted to share that we have advised Allianz SE on all Egyptian law aspects relating to its landmark joint venture with Sanlam Limited, creating the largest pan-African non-banking financial services business in the continent. This landmark transaction is expected to reshape the African insurance landscape and create significant value for both companies and their customers.
The transaction, which is transformational to the Egyptian insurance market, spanned across more than 20 months and included 27 jurisdictions. This joint venture “SanlamAllianz” is expected to have a combined group equity value (GEV) of approximately R35 billion.
Sharkawy and Sarhan’s team provided legal advice on all Egyptian law aspects of the transaction including structuring, regulatory approvals and anti-trust matters. In addition, our team acted for both Allianz SE and Sanlam Limited on matters concerning the satisfaction of Egyptian financial and anti-trust regulatory conditions leading to a successful completion of the transaction.
We enjoyed working closely with the Allianz SE and the Sanlam Limited teams, as well as Slaughter and May who acted as international counsel to Allianz on this transaction. Our team was led by Partners, Heba -T- Allah (Heba) Anwar Ahmed Raslan, Esraa Abdelmoniem, and Mohamed Nabil Hazzaa, closely supported by Associates, Farahnaz Abdel Bary and Natalia Dybich.
Congratulations Allianz and Sanlam on this historic achievement and thank you for the trust and confidence in our firm! We look forward to continuing our long-standing relationship and to supporting SanlamAllianz!
Sharkawy and Sarhan advising Allianz SE on all Egyptian law aspects relating to its landmark joint venture with Sanlam Limited, creating the largest pan-African non-banking financial services business in the continent
7th of September 2023
Keywords: Infrastructure & Power
We are delighted to share that we have advised Allianz SE on all Egyptian law aspects relating to its landmark joint venture with Sanlam Limited, creating the largest pan-African non-banking financial services business in the continent. This landmark transaction is expected to reshape the African insurance landscape and create significant value for both companies and their customers.
The transaction, which is transformational to the Egyptian insurance market, spanned across more than 20 months and included 27 jurisdictions. This joint venture “SanlamAllianz” is expected to have a combined group equity value (GEV) of approximately R35 billion.
Sharkawy and Sarhan’s team provided legal advice on all Egyptian law aspects of the transaction including structuring, regulatory approvals and anti-trust matters. In addition, our team acted for both Allianz SE and Sanlam Limited on matters concerning the satisfaction of Egyptian financial and anti-trust regulatory conditions leading to a successful completion of the transaction.
We enjoyed working closely with the Allianz SE and the Sanlam Limited teams, as well as Slaughter and May who acted as international counsel to Allianz on this transaction. Our team was led by Partners, Heba -T- Allah (Heba) Anwar Ahmed Raslan, Esraa Abdelmoniem, and Mohamed Nabil Hazzaa, closely supported by Associates, Farahnaz Abdel Bary and Natalia Dybich.
Congratulations Allianz and Sanlam on this historic achievement and thank you for the trust and confidence in our firm! We look forward to continuing our long-standing relationship and to supporting SanlamAllianz!
We are delighted to share that we have advised Allianz SE on all Egyptian law aspects relating to its landmark joint venture with Sanlam Limited, creating the largest pan-African non-banking financial services business in the continent. This landmark transaction is expected to reshape the African insurance landscape and create significant value for both companies and their customers.
The transaction, which is transformational to the Egyptian insurance market, spanned across more than 20 months and included 27 jurisdictions. This joint venture “SanlamAllianz” is expected to have a combined group equity value (GEV) of approximately R35 billion.
Sharkawy and Sarhan’s team provided legal advice on all Egyptian law aspects of the transaction including structuring, regulatory approvals and anti-trust matters. In addition, our team acted for both Allianz SE and Sanlam Limited on matters concerning the satisfaction of Egyptian financial and anti-trust regulatory conditions leading to a successful completion of the transaction.
We enjoyed working closely with the Allianz SE and the Sanlam Limited teams, as well as Slaughter and May who acted as international counsel to Allianz on this transaction. Our team was led by Partners, Heba -T- Allah (Heba) Anwar Ahmed Raslan, Esraa Abdelmoniem, and Mohamed Nabil Hazzaa, closely supported by Associates, Farahnaz Abdel Bary and Natalia Dybich.
Congratulations Allianz and Sanlam on this historic achievement and thank you for the trust and confidence in our firm! We look forward to continuing our long-standing relationship and to supporting SanlamAllianz!
