Deal sealed
October 18, 2013 by Michael K. Stanley
The announcement on Oct. 2 that Athene Holding Ltd. (Athene) had closed its acquisition of Aviva USA corp. resulting in the newly formed Athene USA was not a surprise to anyone. The deal had been closely monitored by the press, industry analysts and regulators with most concluding that the acquisition, announced Dec. 21, 2012, would take close to a year to complete, though it only took nine months.
Athene, who has made four acquisitions within the past two years, knew the mechanics behind such a deal and anticipated finalization happening around this time. Click here to read…