Debevoise & Plimpton LLP is advising Manulife Financial Corporation on the establishment of a 50:50 insurance joint venture between Manulife and Mahindra & Mahindra Ltd. in India, as announced on November 12, 2025. The partnership aims to combine Manulife’s global insurance expertise with Mahindra’s deep presence and brand recognition in India to expand access to innovative protection and savings solutions, supporting India’s financial inclusion and “Insurance for All” vision by 2047. Please see press release here.

The transaction is subject to customary closing conditions.

The Debevoise team advising Manulife is led by partner Edwin Northover and associate Monisha D'Souza, and includes counsel Jan Buschmann, Robert Dura and Philip Rohlik.