Debevoise & Plimpton LLP is advising Blackstone as the largest shareholder of FGL Holdings (F&G) (NYSE: FG) in the sale of F&G to Fidelity National Financial (FNL) (NYSE: FNF) for $2.7 billion. For more information, please see the company’s press release here.
FGL Holdings – the F&G family of insurance companies – is committed to helping Americans prepare for and live comfortably in their retirement. Through its subsidiaries, F&G is a leading provider of annuity and life insurance products. FNF is a leading provider of title insurance and transaction services to the real estate and mortgage industries. FNF is the nation's largest title insurance company through its title insurance underwriters – Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York – that collectively issue more title insurance policies than any other title company in the United States. Blackstone is one of the world’s leading investment firms, with $571 billion in assets under management including investment vehicles focused on private equity, real estate, public debt and equity, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.
The Debevoise team is led by partners Nicholas Potter, Alexander Cochran and William Regner and includes associates Risa Gordon, Matthew Parelman and Vishaal Sharma.