Skadden, Slaughters Advise on £460M Aviva Acquisition of AIG Life

In a recent deal, Skadden, Arps, Slate, Meagher & Flom and Slaughter and May are providing legal advice on the £460 million acquisition of an insurance business by Aviva, the U.K. insurance heavyweight. This move will see U.S.-based financial services company Corebridge sell its U.K. life insurance business, AIG Life. This continues a trend of major insurance market dealings for Skadden, who earlier in the year acted on a €2.3 billion deal for Liberty Mutual. For further details, please see the original story on Law.com.