NautaDutilh assists longstanding client a.s.r. on the proposed business combination of a.s.r. and Aegon Nederland, reinforcing a.s.r. as leading insurer in the Netherlands. The combination strengthens a.s.r.'s leadership positions in profitable and growing market segments.
The transaction covers all insurance activities, including the mortgage-origination and servicing operations, the distribution and services entities and the banking business of Aegon Nederland. The total consideration amounts to EUR 4.9 billion and comprises of newly issued ordinary shares to Aegon and a cash consideration of EUR 2.5 billion.
The transaction is subject to customary closing conditions, such as regulatory clearance.
Managing Partner Lieke van der Velden, who leads the NautaDutilh team together with Willem Bijveld and Paul van der Bijl, commented: “Fantastic to be able to support our client a.s.r. on this strategic transaction. Our longstanding relationship with a.s.r. means that we truly work together as one team. Congratulations to a.s.r. and Aegon Nederland and their teams, who have done a terrific job!”
The core NautaDutilh team for this deal consisted of Lieke van der Velden, Willem Bijveld, Sophie Umans, Jafar Alhashime, Ashley Fleming (Corporate / M&A), Paul van der Bijl, Koen Biesma (Corporate Advisory), Nico Blom, Nina Kielman, Sjuul Jentjens (Tax), Frans van der Eerden, Roderick Watson, Larissa Silverentand, Rob Heslenfeld, Kim Heesterbeek, Valentine Schols, Alex Draaisma (Regulatory), Michaëla Ulrici, Sasha van Gerrevink, Marlies van de Meulengraaff (Structured Finance), Homme ten Have, Annette van Beers (Employment), Mauricette Schaufeli, Dineth de Graaf, Emma Wiggers, Casper van der Meulen (Competition).