Cases & Deals

  • Home
  • Practices
  • MassMutual International sells 85.1 percent of MassMutual Japan to Nippon Life

Share

MassMutual International sells 85.1 percent of MassMutual Japan to Nippon Life

May 2018

Client(s) MassMutual International LLC

Jones Day advised MassMutual International LLC in its sale of 85.1 percent of the shares of MassMutual Japan, MassMutual's wholly-owned life insurance and wealth affiliate, to Nippon Life for JPY104.2 billion (approximately US$955 million). Effective January 1, 2019, MassMutual Japan will be known as Nippon Wealth Life Insurance Company Ltd. As part of the transaction, Jones Day also represented MassMutual in connection with a strategic cooperation agreement with Nippon Life to explore partnership opportunities between the two insurance groups.

Contacts

Before sending, please note:

Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.