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P+P advised Keyhaven Capital partners on the takeover of 100% of the shares of DARAG Deutsche Versicherungs- und Rückversicherungs AG
The London fund company Keyhaven Capital Partners acquired together with the management 100% of the shares of run-off insurer DARAG Deutsche Versicherungs- und Rückversicherungs AG.
The transaction is subject to approval by the German Financial Supervisory Authority BaFin.
As with the capital increase in April 2013, P+P has advised in the current transaction Keyhaven with the following team: Philipp von Braunschweig (partner, lead, M&A, Munich), Patricia Volhard (partner, regulatory law, Frankfurt), Alexander Pupeter (partner, tax structuring, Munich), Tobias Jäger (associate, corporate, Munich), Sebastian Käpplinger (counsel, regulatory law, Frankfurt).