Debevoise, Sidley Craft Prudential's $2.2B Annuities Sale
By Emma Whitford ( September 15, 2021, 5:45 PM EDT) -- U.S. insurance giant Prudential Financial announced Wednesday that it plans to sell a block of pre-2011 variable annuities and their holding company to reinsurer Fortitude Re in a $2.2 billion deal guided by Sidley Austin LLP and Debevoise & Plimpton LLP....
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