Freshfields, Clifford Chance on $1.5 Billion Barclays Reinsurance Acquisition

August 6, 2008 Swiss Reinsurance Company, the global reinsurance powerhouse, agreed to buy Barclays Bank's U.K. life insurance unit for $1.5 billion in cash.

Swiss Re is advised by a Clifford Chance team led by corporate finance partners Clare Swirski and Katherine Coates. Barclays is looking to a Freshfields Bruckhaus Deringer team led by corporate partner Philip Richards.

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