STB, Cravath, Debevoise star in Sumitomo Life’s $3.8 bln U.S. insurance deal
BY Kanishk Verghese |
Simpson Thacher & Bartlett, Cravath, Swaine & Moore and Debevoise & Plimpton have scored advisory roles on Japan’s Sumitomo Life Insurance Co’s agreement to buy U.S. insurer Symetra Financial Corp for about $3.8 billion, the latest in a series of multi-billion deals featuring Japanese insurers.