Debevoise & Plimpton and Simpson Thacher & Bartlett have picked up lead roles on AIG's sale of its life insurance business in Taiwan to a Hong Kong-based investment company. Primus Financial will pay $2.15bn (£1.35bn) to acquire AIG's Nan Shan unit, Taiwan's third-largest life insurance company by total premiums.
October 14, 2009 at 08:23 AM
1 minute read
The original version of this story was published on Legalweek
Debevoise & Plimpton and Simpson Thacher & Bartlett have picked up lead roles on AIG’s sale of its life insurance business in Taiwan to a Hong Kong-based investment company.
Primus Financial will pay $2.15bn (£1.35bn) to acquire AIG’s Nan Shan unit, Taiwan’s third-largest life insurance company by total premiums.
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