Our Bermuda office acted as Bermuda counsel to Aspen Insurance Holding Limited (Aspen) in respect of the proposed merger between a wholly-owned Bermuda subsidiary of Sompo International Holdings Ltd. and Aspen (NYSE: AHL) pursuant to which 100% of the Class A ordinary shares of Aspen will be acquired in cash for US$37.50 per share. Aspen's preference shareholders will receive preference shares in the surviving company on the same terms and conditions as the existing Aspen preference shares.
The team, which comprised of corporate partners
Natalie Neto and
Rachel Nightingale, along with senior counsel
Aimee Carroll-Hewitt, who worked closely with Aspen's US counsel, Sidley Austin LLP, on the transaction which was unanimously approved by Aspen's board of directors on 26 August 2025.
Natalie commented: 'We're grateful to have a further opportunity to act for Aspen and to work with the directors and management and the excellent team at Sidley Austin to bring this transaction to approval and we look forward to working with them towards a successful closing. We're excited for this next chapter and wish them every success with the opportunities that this transaction brings for Aspen and its customers.'