AIG $5.56 billion acquisition of Validus Holdings

22/7/2018
Public acquisition

$ 5.56 billion

Completed

22/7/2018


Overview:

  • American International Group (AIG) has acquired reinsurer Validus Holdings in a $5.56 billion deal. 
  • Validus is headquartered in Bermuda. 
  • Perella Weinberg and Citigroup Global Markets acted as financial advisers for AIG, while JP Morgan Securities acted for Validus. 
  • The transaction is expected to close by mid-2018. 

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Insurance


Firms:

Party: AIG (Acquirer)


Party: Validus Holdings (Target)

Lawyer: Todd Freed


Party: Perella Weinberg (Financial adviser)