Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 09-07-2013 | Practice Area: | Corporate and M&A |
| Deal Title: | Dai-ichi Life Insurance acquisition of PT Panin Life | Industry: | Life Insurance |
| Description: |
Allen & Overy is advising The Dai-ichi Life Insurance Company, Limited (Dai-ichi) on its IDR3.3 trillion (approximately USD337 million) acquisition of a 40 percent stake in PT Panin Life (Panin Life) of Indonesia. Please enter ByLine.
The strategic joint venture encompasses a long-term exclusive bancassurance agreement between Panin Life and PT Bank Pan Indonesia, Tbk (Panin Bank).
Singapore corporate partner Chris Moore is leading the Allen & Overy team with support from senior associate James Mythen and associate Maurice Simon.
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| Financial Center: | Singapore | Value: | 100.01-500.00 |
| Advised Party: | Acquiror | Law Firm | Allen & Overy |
| Target Company Jurisdiction: | Indonesia | Acquiror Jurisdiction: | Japan |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Chris Moore |
