Skip to main content

Slaughter and May has advised British insurer Aviva on the S$2.7 billion ($1.98 billion) sale of majority shares in its Singapore business to a consortium led by Singapore Life (Singlife). Allen & Gledhill advised on the Singapore law aspects of the transaction.

According to Reuters, the Singlife consortium includes alternative asset firm TPG, Japanese insurer Sumitomo Life and other existing Singlife shareholders. The new business will be initially branded as Aviva Singlife.

The Slaughter and May team was led by partners Richard Smith and Claire Jackson.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com. 

Related Articles

Deals

Khaitan, JSA, Hogan Lovells guide $515 mln Waaree IPO

by Nimitt Dixit |

Khaitan & Co has advised Waaree Energies, India's largest manufacturer and exporter of solar modules, on its $515 million initial public offering, with JSA Advocates & Solicitors and Hogan Lovells guiding the bookrunning lead managers.

Deals

CAM, Khaitan guide Adani-backed Renew Exim’s $380 mln ITD acquisition

by Nimitt Dixit |

Cyril Amarchand Mangaldas has advised Adani Group's Dubai-based firm Renew Exim DMCC on its acquisition of a 46.64 percent stake in ITD Cementation India for around $380 million from Italian-Thai Development Public Company, who was represented by Khaitan & Co.

Deals

CAM, AZB, SAM, Latham advise on landmark $1.3 bln Swiggy IPO

by Nimitt Dixit |

Cyril Amarchand Mangaldas is advising SoftBank-backed Indian food and grocery delivery giant Swiggy on its much-anticipated initial public offering worth $1.3 billion, with AZB & Partners and Latham & Watkins advising the bookrunning lead managers.