Alexander M. Dye

Alexander M. Dye

Mr. Dye, a corporate lawyer, is the head of Dewey & LeBoeuf's US Mergers and Acquisitions Group and advises on mergers and acquisitions and corporate finance law. His practice, in particular, deals with transactions in the insurance industry. Over his 27-year career, Mr. Dye has been involved in many of the industry's most significant transactions, including BAT's hostile acquisition of Farmers Group, AXA's sponsored demutualization of Equitable, Prudential's demutualization, GE's $2.86 billion initial public offering of its life and mortgage insurance businesses, and MetLife's $11.8 billion acquisition of Travelers Life & Annuity. Mr. Dye was awarded the highest ranking as an insurance transactional lawyer by Chambers USA (2008) and also has been recognized as a preeminent lawyer in insurance transactions by The Best Lawyers in America (2007).

Representative Matters

Mergers and Acquisitions

· MetLife in its $11.8 billion acquisition of Travelers Life & Annuity from Citigroup;

· Aviva plc in its $2.9 billion acquisition of AmerUs Holdings;

· GE in its $6.8 billion sale of GE Insurance Solutions to Swiss Re;

· Lincoln National in its $7.4 billion merger with Jefferson-Pilot;

· Goldman Sachs Capital Partners in its $1.4 billion acquisition of USI Holding Corporation;

· AXA in its $1.8 billion sale of Winterthur's US property and casualty operations to QBE;

· JPMorgan Chase in the $1.2 billion sale of its life insurance and annuity operations to Protective Life;

· Nationwide Financial in its $1.6 billion-sponsored demutualization of Provident Mutual;

· General American Mutual Holding Company in its $1.2 billion sale of General American Life to MetLife; and

· Aegon N.V. in its $1.3 billion acquisition of JCPenney's Direct Marketing Services division.

Capital Markets

· GE in its $2.86 billion IPO of Genworth Financial and several follow-on offerings;

· The underwriters of Principal Financial Group's $2.2 billion IPO;

· Nationwide Financial in its $500 million IPO and related financings;

· The underwriters of KKR portfolio company Bristol West's $375 million IPO;

· Mutual of Omaha in its $300 million surplus note offering; and

· The underwriters of convertible debt offerings by Zenith National and Horace Mann.

Demutualizations and Mutual Holding Company Formations

· Prudential's demutualization;

· Principal Financial's mutual holding company formation;

· AXA's sponsored demutualization of Equitable;

· Farm Family's demutualization; and

· The New York Public Asset Fund in the conversion of Empire BlueCross/BlueShield into WellChoice.