MassMutual sells remaining shares of Nippon Wealth Life Insurance to Nippon Life
Client(s) MassMutual Financial Group
Jones Day advised Massachusetts Mutual Life Insurance Company and MassMutual International LLC in the sale of MassMutual International's 14.9% interest in Nippon Wealth Life Insurance Company (Nippon Wealth) to Nippon Life Insurance Company. This deal follows Jones Day's representation of MassMutual in the sale of 85.1% of the shares of Nippon Wealth (formerly MassMutual Japan) for approximately $1 billion in 2018.