Elite line-up of firms advise as consortium including Blackstone and GIC takes stake in insurer
August 10, 2017 at 07:18 AM
1 minute read
Freshfields Bruckhaus Deringer, Linklaters and Sullivan & Cromwell are taking the lead roles on Goldman Sachs’ sale of its remaining stake in Rothesay Life, in a deal that values the insurer at more than £2bn.
The stake is being sold to a consortium comprising private equity firm Blackstone, Singaporean sovereign wealth fund GIC and US insurance company Massachusetts Mutual Life Insurance.
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