Skadden Guides Austria's Uniqa In $531M PE Fund Sale

Law360, New York (September 13, 2013, 11:00 AM ET) -- Austrian insurer Uniqa on Friday said it will sell a portfolio of several dozen private equity funds worth a combined €400 million ($531 million) to a global investor pool as it continues to sharpen its focus on core insurance operations in Central and Eastern Europe.

The private equity assets up for sale include a bundle of direct fund interests, secondary funds and funds of funds, the insurer said. It will complete the divestment through a series of transactions divided into phases and expects to close out...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required