In November 2017, the merger of insurance assets of Renaissance Insurance Group and Blagosotoyanie Group was completed. The deal assumed securing equity investments from a private equity fund Baring Vostok.
The value of the merged company reached RUB 27 bn — it was the largest transaction involving a foreign investor on the Russian financial market over the decade.
The Salute Advisory team acted and investment advisor of RIG.
The value of the merged company reached RUB 27 bn — it was the largest transaction involving a foreign investor on the Russian financial market over the decade.
The Salute Advisory team acted and investment advisor of RIG.