Dai-ichi Life $5.7 billion acquisition of Protective Life

1/2/2015

Public acquisition

Value:

$ 5.7 billion

Status:

Completed

Date:

1/2/2015

Overview:

Japanese insurance company Dai-ichi Life has completed its $5.7 billion acquisition of Protective Life.
Goldman Sachs acted as financial adviser for Dai-ichi and Morgan Stanley acted for Protective.
The deal was first announced in June 2014.

Kurt Stumpo - Journalist

Jurisdictions:

United States
Japan

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Insurance

Firms:

Baker McKenzie

Party: Dai-ichi Life (Acquirer)

Lawyer: Craig Roeder

Debevoise & Plimpton

Party: Protective Life (Target)

Lawyers: Jeffrey Rosen, Nicholas Potter

Willkie Farr & Gallagher

Party: Dai-ichi Life (Acquirer)

Lawyers: Alexander Dye, Leah Campbell

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