We are proud to have advised Old Mutual on the acquisition of its insurance businesses by emPLE Group Limited.
The transaction aligns with Old Mutual’s “decision to sell the Nigerian general insurance and life businesses, with the key consideration for this transaction being the optimisation of capital management.”
The Udo Udoma & Belo-Osagie (UUBO) team was led by Yinka Edu, a Partner in the Mergers & Acquisitions and Banking & Finance teams, and Joseph Eimunjeze, a Partner in the Banking & Finance and Tax teams. She was supported by Senior Associates, Lisa Esamah and Tobechi Nwokocha. Additional expertise throughout the process was provided by Associates Itorobong Udom, Tomisin Bhadmus-Ladi, Ikechukwu Fijo and Adaobi Uzo.
UUBO is honoured to have supported Old Mutual on this transaction, which contributes to the dynamic evolution of the Nigerian insurance sector.
For more details about our comprehensive practice area offerings, please reach out to us at uubo@uubo.org and visit www.uubo.org.
