Debevoise & Plimpton has advised AIA Group in the acquisition of MediCard Philippines, Inc. (“MediCard”), a leading Health Maintenance Organisation (HMO) in the Philippines providing health insurance and healthcare services, and with a medical service network of over 1,000 partner hospitals and clinics that offer services across primary care, diagnostics, laboratory tests and minor surgeries. The transaction is subject to regulatory approvals and other customary closing conditions.

The Debevoise team advising AIA was led by partner Edwin Northover and includes international counsel Jan Buschmann.