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New Deal


Announced

Completed

Nippon Life Insurance completed the $1bn investment in Blackstone-backed Resolution Life.

Financials

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Transaction Value£807m
Consideration TypeCash
Capital Owned-
Capital Bid For13%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Minority

Life Insurance

life insurance

United States

Private Equity

Single Bidder

Cross Border

Friendly

Completed

Synopsis

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Nippon Life Insurance, a provider of insurance and asset management services, completed the $1bn investment in Blackstone-backed Resolution Life, a global life and annuity insurance consolidation business. “I am honoured to have the continued partnership of Nippon Life, an institution I admire and respect. There is a strong foundation of shared values, clarity of vision and breadth of capabilities across our organisations," Clive Cowdery, Resolution Life Founder and Executive Chairman.

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