Western & Southern Financial Group $1.55 billion acquisition of Nestlé's Gerber Life Insurance

Overview:

• Nestlé, the Swiss food and drink company, has agreed to sell the Gerber Life Insurance Company (Gerber Life) to financial services group Western & Southern for $1.55 billion
• Three Ocean Partners and Perella Weinberg Partners served as financial advisers to Western & Southern.
• The transaction is expected to close in late 2018 or early 2019, subject to regulatory approval and closing conditions.

Prin Shasiharan - Researcher