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$7.5 Billion Insurance Acquisition

HCC Insurance Holdings turned to Willkie Farr & Gallagher for the Houston-based company's pending acquisition by Tokio Marine Holdings in a deal valued at about $7.5 billion.

The Tokyo-based Tokio Marine is using lawyers from Sullivan & Cromwell.

On June 10, HCC Insurance and Tokio Marine announced a definitive agreement calling for a Tokio Marine subsidiary, Tokio Marine & Nichido Fire Insurance Co., to acquire all outstanding shares of HCC Insurance for $78 in cash per share.