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, William Regner and Peter Schuur and includes associates Risa Gordon, Sabrina Hsieh, Matthew Parelman, Vishaal Sharma and Lena Smith.