International legal practice Osborne Clarke’s Netherlands team has advised Infosys, a global leader in next-generation digital services and consulting, on a strategic partnership with ABN AMRO N.V., the third largest bank in the Netherlands headquartered in Amsterdam.
As part of the announced partnership, Infosys will acquire 75% of the shares from ABN AMRO in Stater N.V., the largest mortgage service provider of the Benelux, servicing 1.7 million mortgage and insurance loans for clients in the Netherlands, Belgium and Germany and front runner in digital services regarding mortgages and in developing a digital ecosystem for mortgages. ABN AMRO will continue to hold the remaining 25% of the shares in Stater and will continue to be an important client to Stater.
The partnership strengthens Infosys’ position as a leading technology and business process management provider across the mortgage services value chain, improving experience and operational efficiencies, and further enhances the company’s strategy to help clients navigate their next digital transformation journeys.
The Osborne Clarke team who advised Infosys was led by Amsterdam-based partner Herke van Hulst and senior associate Marie-Louise Weeda and were supported by partners Job van der Pol (tax), Johannes de Jong (regulatory), Jorgo Tsiris (employment) and associates Jos Tholhuijsen, Michelle Pagie, Coen Barneveld Binkhuysen, Marleen Huisman, Ted Broekhof, Wyke Schilstra and Sophie den Held. The team was also supported by partner David Haex and associate Tonya Aelbrecht of Osborne Clarke Belgium.
Herke van Hulst commented: “Infosys has been a long term client of the firm. It has been a real pleasure to work with the team at Infosys and we are very proud to have been able to support Infosys on such a milestone deal.”
Osborne Clarke’s corporate team is considered a go-to practice for many companies in the Tech, Media and Comms sector and Financial Services sector, working with global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.