Lincoln Financial $3.3 billion acquisition of Liberty Life Assurance Company of Boston

18/1/2018

Private acquisition

Value:

$ 3.3 billion

Status:

Announced

Date:

18/1/2018

Overview:

Lincoln Financial has acquired Liberty Life Assurance Company of Boston from Liberty Mutual Insurance Group.
Goldman Sachs acted as financial adviser for Lincoln Financial and Barclays acted for Liberty Mutual.
The transaction is expected to close in the second quarter of 2018.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

United States

Industry sectors:

Financial services
Insurance

Firms:

Skadden Arps Slate Meagher & Flom

Party: Liberty Mutual (Seller)

Lawyer: Todd Freed

Wachtell Lipton Rosen & Katz

Party: Lincoln Financial (Acquirer)

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