The firm has taken a role on several multi-billion-pound insurance sector deals in the last six months.
September 30, 2020 at 06:50 AM
1 minute read
Senior Reporter
Freshfields Bruckhaus Deringer is advising private equity giant Blackstone Group on its sale of a stake in British insurer Rothesay Life, in a deal that values the company at £5.75 billion.
Blackstone’s Tactical Opportunities business is selling a roughly 36% stake in Rothesay Life to existing shareholders Singapore sovereign wealth fund GIC and U.S. insurer Massachusetts Mutual Life Insurance.
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Blackstone is selling a stake in Rothesay Life.
