S&C Highlighted in The Deal Magazine Article on Representation of Tokio Marine’s $2.66 Billion Acquisition of Delphi Financial

January 20, 2012

In its January 20 “Deal Diary” feature, The Deal magazine highlighted S&C's representation of Tokio Marine Holdings Inc. in its $2.66 billion acquisition of Delphi Financial Group Inc., which is part of a strategy to expand in the U.S. insurance market. The Deal outlined the players involved in the transaction, including Mr. DeLaMater and Ms. Sawyer in New York, and Mr. Akai and Mr. Hatano in Tokyo. Mr. DeLaMater explained S&C's longstanding relationship with Tokio Marine, dating back nearly two decades. In addition to advising Tokio Marine on its $4.7 billion acquisition of Philadelphia Consolidated in 2008 and a joint venture with Charles Schwab & Co. in 1999, Mr. DeLaMater noted that the Firm also worked on "smaller, more discreet corporate and securities law questions" for Tokio Marine over the years.