Georgiades & Pelides LLC has advised CNP Assurances on the successful sale of its Cyprus subsidiaries, CNP Cyprus Insurance Holdings and its group companies, to Hellenic Bank Public Company Limited. This landmark transaction marks a significant development in the Cypriot insurance and financial services sector, paving the way for the creation of one of the largest insurance groups in Cyprus.
Our team was led by Nicholas Pelides, Marcos Georgiades, Dominique Pelides, and Michalis Argyrou, who worked closely with CNP Assurances throughout the process. We are grateful for the trust and collaboration of our client and pleased to have contributed to this important milestone in the insurance market.
