Clifford Chance Advised Abu Dhabi Investment Authority On Sale Of Stake In Pension Insurance Corporation To Athora

Clifford Chance advised Abu Dhabi Investment Authority on sale of stake in Pension Insurance Corporation to Athora

Clifford Chance advised Abu Dhabi Investment Authority (ADIA) on the sale of its shareholding in Pension Insurance Corporation (PIC) to Athora, a leading pan-European savings and retirement services group with €76 billion of assets under management and administration, serving approximately 2.8 million policyholders.

Athora has agreed to acquire PICG for approximately £5.7 billion. The buyer, Athora, is backed by permanent capital owners, including a strategic minority investment by Apollo Global Management and Athene Holding Limited, along with long-term institutional investors such as a wholly owned subsidiary of ADIA.

The Clifford Chance team was led by Neil Evans (Partner, Private Equity), with support from Cheng Li Yow (Partner), Josh Reynolds (Senior Associate), Emma Eaton (Senior Associate), Evan Thomson (Associate), and Sarah Bowe (Associate).

Click to know more about Clifford Chance

If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.