Canadian insurer Sun Life Financial is selling its U.S. annuity business and some of its life insurance businesses to shareholders of financial services firm Guggenheim Partners. The deal is Guggenheim's latest investment in the insurance sector and allows Sun Life to focus on its operations in Canada and Asia.
Skadden, Debevoise on Sun Life's $1.35 Billion Annuity Unit Sale
The Am Law Daily
December 17, 2012
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