Samsung Life Insurance Co., Ltd. acquired 20% stake in Meridiam Infrastructure Finance S.a.r.l.
April 19, 2023
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Samsung Life Insurance Co., Ltd. (KOSE:A032830) acquired 20% stake in Meridiam Infrastructure Finance S.a.r.l. on April 20, 2023. Following the transaction, Samsung Life Insurance will join the board of directors of Meridiam Infrastructure Finance and also establish a business cooperation agreement. Jean-Claude Rivalland, Mia Dassas, Bill Satchel and Anne-Caroline Payelle of Allen & Overy acted as due diligence provider to Samsung Life Insurance Co., Ltd.
Samsung Life Insurance Co., Ltd. (KOSE:A032830) Completed the acquisition of 20% stake in Meridiam Infrastructure Finance S.a.r.l. on April 20, 2023. Mirae Asset Securities Co. Ltd. is acted as financial advisor to Samsung Life Insurance Co., Ltd.
Samsung Life Insurance Co Ltd is a Korea-based company principally engaged in the life insurance business. The Company provides death insurance, survival insurance, life-and-death insurance, group insurance, and other insurance. The Company's life insurance includes guarantee insurance such as life insurance, health insurance and critical illness (CI) insurance, as well as savings insurance such as pension insurance and savings insurance. In addition, the Company is engaged in the businesses such as loans, securities, cash deposits and trusts, and real estate, among others.