Debevoise & Plimpton LLP is advising AXA Equitable Holdings, Inc. in its sale of U.S. Financial Life Insurance Company and MONY Life Insurance Company of the Americas, Ltd. to Heritage Life Insurance Company. The transaction is expected to close in early 2020. For more information, see EQH’s press release.

AXA Equitable Holdings, Inc. is one of the leading financial services companies in the U.S. and is comprised of two complementary and well-established principal franchises, AXA Equitable Life Insurance Company and AllianceBernstein.

The Debevoise team was led by insurance partner Marilyn Lion and included associates Morgan Sharp Aveni and Rebecca Sayles, tax partner Peter Schuur and associates Daniel Priest and Cameron Ellis Rotblat, benefits partner Lawrence Cagney and associate Zain Kazmi, intellectual property partner Jeffrey Cunard and associates Tigist Kassahun and Benjamin Sundholm and antitrust counsel Kyra Bromley.