Debevoise & Plimpton LLP is advising Principal Financial Group on its $1.2 billion acquisition of Wells Fargo & Company’s Institutional Retirement & Trust business.

Principal helps people and companies around the world build, protect and advance their financial well-being through retirement, insurance and asset management solutions that fit their lives.

The Debevoise team is led by partner Thomas M. Kelly and includes partners Lawrence K. Cagney, Jeffrey P. Cunard and Gregory J. Lyons; counsel Alison M. Hashmall and Michael G. Stern; and associates Katherine M. Arango, Nariné A. Atamian, Courtney Bradford Pike, Danjie Fang, Samuel D. Krawiecz, Clare K. Lascelles, Khrystyna Rayko, Jonathan Steinberg and Alana Simone Walker.

Debevoise & Plimpton is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.