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Sard Verbinnen & Co. represents American Equity Investment Life Holding Co. as the insurer receives a $3B takeover offer from Massachusetts Mutual Life and Athene Holding Ltd.
The Wall Street Journal notes that American Equity’s annuities and retirement income products are popular among conservative investors.
The deal would be the latest move in the consolidation of the insurance industry.
American Equity’s board is reviewing the unsolicited bid and will determine if it represents the best interests of shareholders.
MassMutual, which would own an 80 percent stake in American Equity, promises to keep the management of the West Des Moines-based company intact.
Sard Verbinnen’s George Sard, Jared Levy and Jamie Tully handle American Equity.
Trump Media & Technology Group posted a $238M Q2 loss on $1.7M in revenues. That performance compares to a $20M loss and $883K revenues in the 2025 comparable quarter.
The Brand Amp represents Archer Aviation as it acquires Boeing’s $200M flying-taxi operation in return for a 20 percent stake in the Silicon Valley startup.
Amsterdam’s CFF Communications handles Accell Group as Europe’s No 1 e-bike and No. 2 bicycle maker declares insolvency after failing to find a buyer.
Randy Sinclair, who rose to lead investor relations at Chevron during an 11-year run, will move to Northrop Grumman on Aug. 10 as VP-IR.
Trailrunner International is handling Axum Capital Partners’ move to acquire a controlling interest in BARCODE, a performance hydration brand, in partnership with NBA All-Star Victor Wembanyama.
