Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 06-10-2017 | Practice Area: | Corporate and M&A |
| Deal Title: | Swiss Re Ltd Sale of Minority Stake in ReAssure | Industry: | Life Insurance |
| Description: |
Slaughter and May advised Swiss Re Ltd on the sale of a minority stake in ReAssure, a market-leading UK closed life book consolidator within the Swiss Re Life Capital Business Unit, and related joint venture arrangements.
The sale valued ReAssure at GBP 3.5 billion and involves Tokyo-based MSAD Insurance Group Holdings, Inc. acquiring an initial 5% stake in ReAssure and committing to future investments of up to GBP 800 million.
|
||
| Financial Center: | London | Value: | 0.00-0.00 |
| Advised Party: | Vendor | Law Firm | Slaughter and May |
| Target Company Jurisdiction: | United Kingdom | Acquiror Jurisdiction: | United Kingdom |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Craig Cleaver |
