Demarest advises Itochu on insurance acquisition in Brazil
Demarest acted for Itochu in the acquisition of 49% of Conecta Serviços.
Itochu Corporation is a Japan-headquartered multinational. The company acquired the controlling stake in Conecta through its Brazilian subsidiary Southern Cross Participações.
Conecta Serviços is a Brazilian company focused on insurance for mobiles.
Partners Paulo Coelho da Rocha led the Demarest team advising Itochu.