Meiji Yasuda Life Insurance $5 billion acquisition of StanCorp Financial Group

7/3/2016

Public acquisition

Value:

$ 5 billion

Status:

Completed

Date:

7/3/2016

Overview:

Japanese insurance company Meiji Yasuda has completed its $5 billion acquisition of StanCorp Financial Group.
Meiji Yasuda is the third largest insurance group in Japan.
StanCorp is a financial services provider based in Portland, Oregon.
The deal was originally announced in July, 2015.

Kurt Stumpo - Journalist

Jurisdictions:

United States
Japan

Deal type:

Public acquisition

Practice area:

M&A

Industry sectors:

Financial services
Insurance

Firms:

Baker McKenzie

Party: Meiji Yasuda Life Insurance (Acquirer)

Lawyer: Jiro Toyokawa

Debevoise & Plimpton

Party: StanCorp Financial Group (Target)

Lawyers: Nicholas Potter, William Regner

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