Willkie represents Houston-based HCC Insurance Holdings, Inc., a world leading specialty insurer, in its deal to be acquired by Tokio Marine Holdings, Inc., Japan’s largest insurance group.

On June 10, Tokio Marine Holdings, Inc. and Willkie client HCC Insurance Holdings, Inc., a world leading specialty insurer, announced that they have entered into a definitive merger agreement under which Tokio Marine will acquire HCC for $7.5 billion. Pursuant to the terms of the transaction Tokio Marine will acquire all outstanding shares of HCC for $78.00 in cash per share, through Tokio Marine’s wholly owned subsidiary, Tokio Marine & Nichido Fire Insurance Co., Ltd. The acquisition, which combines HCC’s specialty expertise with Tokio Marine’s global resources, significantly enhances Tokio Marine’s operations in the United States and internationally. More >>

Cadwalader, Wickersham & Taft LLP, a leading counselor to global financial institutions and corporations, is advising Canada Pension Plan Investment Board (“CPPIB”) in a transaction in which an affiliate of its wholly owned subsidiary, CPPIB Credit Investments Inc., has signed an agreement with GE Capital to acquire 100% of the Company’s U.S. sponsor lending portfolio, Antares Capital, alongside Antares management for a total consideration of $12 billion. The transaction is subject to customary regulatory approvals and closing conditions and is expected to close during the third quarter of 2015. Cadwalader is providing advice in connection with the financing of the transaction. More >>

Cravath represented AerCap Holdings N.V. in connection with its US$3.49 billion registered secondary offering of ordinary shares. AerCap Holdings N.V. is the world’s largest independent aircraft leasing company. AerCap Holdings N.V. also agreed to repurchase US$750 million of its ordinary shares from the selling shareholder. The shares were listed on the New York Stock Exchange. The transaction closed on June 9, 2015. More >>

Debevoise & Plimpton LLP is advising Evercore Partners as financial advisor to Tokio Marine Holdings, Inc. in its acquisition of 100% of the outstanding shares of HCC Insurance Holdings, Inc., a U.S. insurance holding company comprising property & casualty, accident & health and other specialty insurance businesses, through TMHD’s wholly owned subsidiary, Tokio Marine & Nichido Fire Insurance Co., Ltd. The transaction is valued at $7.5 billion. More >>