Citibanamex/Chubb Seguros México joint venture

Status:

Announced

Date:

30/8/2018

Overview:

Citigroup and Chubb Seguros México have formed a joint venture.
Under the agreement Citibanamex, a subsidiary of Citigroup, will distribute Chubb Seguros México's insurance products.

Daniel Semeredzhiev - Data analyst

Jurisdiction:

Mexico

Deal type:

Joint venture

Practice area:

M&A

Governing law:

Mexico

Industry sector:

Insurance

Firms:

Debevoise & Plimpton

Party: Chubb Seguros México (Joint venture partner)

Lawyers: David Grosgold, Nicholas Potter

Hogan Lovells

Party: Chubb Seguros México (Joint venture partner)

Lawyer: Carlos Ramos Miranda

Mijares Angoitia Cortés y Fuentes

Party: Citigroup (Joint venture partner)

Party: Citibanamex SA de CV (Joint venture partner)

Lawyer: Pablo Mijares Ortega

Skadden Arps Slate Meagher & Flom

Party: Citigroup (Joint venture partner)

Party: Citibanamex SA de CV (Joint venture partner)

Lawyer: Christopher Ulery

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Citibanamex/Chubb Seguros México joint venture

30/8/2018

Joint venture

Overview:

Jurisdiction:

Deal type:

Practice area:

Governing law:

Industry sector:

Firms:

Related deals

Mitsui Sumitomo Insurance $592 million acquisition of 21.87% stake in Max Financial Services

Will Towers Watson / Aon merger

MMC Treasury Holdings £4.3 billion acquisition of Jardine Lloyd Thomas Group

Blackstone/Goldman Sachs €100 million acquisition of minority stake in Prima Assicurazioni

Sompo International Group acquisition of A&A