Debevoise

American International Group and Corebridge Financial in AIG’s secondary public offering of approximately $936 million of Corebridge common stock.

Debevoise & Plimpton LLP has advised American International Group, Inc. (NYSE: AIG) and Corebridge Financial, Inc. (NYSE: CRBG) in AIG’s secondary public offering of approximately $936 million of Corebridge common stock. For more information, please see Corebridge’s press release. Read More>

TD Securities and J.P. Morgan Securities, as representatives of the initial purchasers, in the offer and sale by Beacon Funding Trust of $1.25 billion of pre-capitalized trust securities redeemable August 15, 2054.

Debevoise & Plimpton LLP has advised TD Securities and J.P. Morgan Securities as representatives of the initial purchasers in connection with the offer and sale by Beacon Funding Trust (the “Trust”) of $1.25 billion of pre-capitalized trust securities redeemable August 15, 2054. In connection with the transaction, the Trust entered into a facility agreement and trust expense reimbursement agreement with Liberty Mutual Group Inc., pursuant to which Liberty Mutual or certain of its assignees have the right from time to time to require the Trust to purchase up to $1.25 billion of Liberty Mutual’s unsecured 6.266% senior notes due 2054. Read More>

Morgan Stanley Capital Partners in the sale of Sila Services to the private equity business at Goldman Sachs Alternatives.

Debevoise & Plimpton LLP is advising Morgan Stanley Capital Partners in the sale of Sila Services to the Private Equity business at Goldman Sachs Alternatives. For more information, please see the company’s press release. Read More>

Presidio, a Clayton, Dubilier & Rice portfolio company, in its acquisition of a majority stake in Contender Solutions, an Elite ServiceNow partner.

Debevoise & Plimpton LLP is advising Presidio, a portfolio company of Clayton, Dubilier & Rice, in its acquisition of a majority stake in Contender Solutions, an Elite ServiceNow partner. For more information, please see the company’s press release. Read More>

Konica Minolta, a Japanese multinational equipment and materials manufacturer operating in the healthcare and industrial industries, in the $600 million sale of its subsidiary, Ambry Genetics, to Tempus AI.

Debevoise & Plimpton LLP is advising Konica Minolta in the sale of its subsidiary, Ambry Genetics, to Tempus AI (NASDAQ: TEM) in which Tempus will acquire Ambry for $375 million in cash and $225 million in shares at closing, of which $100 million will be subject to a lock-up agreement until one year post-transaction close. For more information, please see the company’s press release. Read More>

Experience

American International Group and Corebridge Financial in AIG’s secondary public offering of approximately $936 million of Corebridge common stock.

TD Securities and J.P. Morgan Securities, as representatives of the initial purchasers, in the offer and sale by Beacon Funding Trust of $1.25 billion of pre-capitalized trust securities redeemable August 15, 2054.

Morgan Stanley Capital Partners in the sale of Sila Services to the private equity business at Goldman Sachs Alternatives.

Presidio, a Clayton, Dubilier & Rice portfolio company, in its acquisition of a majority stake in Contender Solutions, an Elite ServiceNow partner.

Konica Minolta, a Japanese multinational equipment and materials manufacturer operating in the healthcare and industrial industries, in the $600 million sale of its subsidiary, Ambry Genetics, to Tempus AI.