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New Deal


Announced

Completed

Pan-American Life Insurance completed the merger with Mutual Trust Life Insurance.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

Merger

Friendly

United States

Life Insurance

Private

Domestic

stock company

Majority

Completed

Synopsis

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Pan-American Life Insurance, a provider of insurance and financial services, completed the merger with Mutual Trust Life Insurance, a stock company. Financial terms are not disclosed. “This consolidation further strengthens our position as a premier life, accident and health insurance provider in the Americas. The full integration of Mutual Trust solidifies Louisiana-domiciled Pan-American Life Insurance Company’s market leadership position with increased scale, greater financial strength, a sterling ratings profile and enhanced growth opportunities," José S. Suquet, Pan-American Chairman of the Board and CEO.

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