Evi Tsilou, Partner and Head of P&P Corporate and M&A, has been featured in Mononews discussing the intricate legal architecture behind the landmark acquisition of Europa Insurance by Evropi Holdings and the Intracom Group—a deal that redefines strategic M&A in Greece’s insurance sector.
Evi highlights the power of cross-disciplinary teamwork and client-centric innovation in overcoming challenges like simultaneous negotiations for multiple acquisitions and successive legal steps and transformations.
Key Takeaways:
Multi-Phase Transaction: The acquisition was executed in two phases—first securing 65% of shares (€30M) and later the remaining 35% (€16.55M)- and involved a series of consecutive transactions and legal steps, showcasing meticulous planning and regulatory navigation.
Innovative Legal Solutions: The deal required groundbreaking approaches, including Greece’s first-ever Exemption Document from publishing a prospectus for the share capital increase of Evropi Holdings, leveraging new EU regulations.
Navigating Complex Regulations: Close collaboration with the Bank of Greece, Hellenic Capital Market Commission and ATHEX was critical to securing approvals amid layered corporate steps and transformations.
Strategic Expansion: The acquisition marks Evropi Holdings’ entry into the insurance sector significantly strengthening its business portfolio, diversifying its revenue sources and enhancing its presence in the Greek market.
This deal exemplifies how legal strategy and regulatory agility can unlock transformative growth—lessons that resonate far beyond the insurance industry.
Read Evi’s full interview as she breaks down this strategic acquisition here:
