Sidley is advising Apollo Global Management, LLC (NYSE: APO), a leading alternative investment manager, on its $2.6 billion cash acquisition of Aspen Insurance Holdings Limited (NYSE: AHL). Aspen is a leading global specialty insurance and reinsurance provider, operating in Australia, Bermuda, Canada, Ireland, Singapore, Switzerland, the United Arab Emirates, the UK and the U.S. The transaction is expected to close in the first half of 2019, and illustrates Sidley’s continued leadership in private equity investments in the insurance industry.
Perry Shwachman, Sean Carney (Insurance) and Adam Snyder (Corporate) led the Sidley team drawn from the firm’s offices in Chicago, New York, Los Angeles and London. The team also included Andrew Holland, James Phythian-Adams, Marisa Young, Sara Africano and Samantha Walker (Insurance); Kyle Shires, Ryan Hicks amd Leigh Rorick; Tracy Williams, Peter Edgerton, Oliver Currall and Laurence Wilcock (Tax); Ben Rosemergy, Lauren Gallagher, Susan Fanning, Peter McCorkell and James Weiss (Employee Benefits/Labor); and Hille Sheppard (Shareholder Litigation).