.
MergerLinks Header Logo

New Deal


Announced

Completed

Athene-led consortium completed the $1.9bn investment in Athora.

Financials

Edit Data
Transaction Value£1,518m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Minority

Completed

Bermuda

Friendly

Private

insurance and reinsurance

Acquisition

Private Equity

Single Bidder

Insurance Brokers

Synopsis

Edit

Athene, a US retirement services company, ADIA, a globally-diversified investment institution, and Apollo Global Management, an investment manager, completed the $1.9bn investment in Athora, a specialised life insurance group focused on Europe. "By raising the funds from insurance companies, pension funds and other long-term institutional investors, we are allowed to take a long-term view without the short term pressures of public market investors. We are excited to continue our journey of building a leading insurance group that brings more value to customers in meeting their long-term insurance needs," Michele Bareggi, Athora CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US