Major Insurance Acquisition: Bain Capital to Sell ‘esure’ to Ageas in £1.3 Billion Deal, Advancing UK Market Position

Pieter Gunst01 mins

Weil, Gotshal & Manges, A&O Shearman, and Norton Rose Fulbright are at the forefront of a significant transaction valued at £1.3 billion, involving insurer ‘esure’. According to reports, Bain Capital has agreed to sell esure to Ageas, a move that is set to establish Ageas as the third largest U.K. personal lines platform. The trio of law firms are tasked with advising on this complex deal; Weil, Gotshal & Manges is serving as the lead adviser, with Norton Rose Fulbright handling regulatory advice for both Bain Capital and esure. Meanwhile, A&O Shearman represents Ageas in this high-profile acquisition. For more information on this transaction, visit the original article.