Fosun International Ltd. on July 7 closed its deal to acquire Meadowbrook Insurance Group Inc. for a transaction value of $435.2 million.
The company offered $8.65 per share for the stake.
In addition to general closing conditions, the deal required additional review for antitrust concerns.
KPMG Advisory (China) Ltd. was the financial adviser for Fosun International, and DLA Piper LLP (US) was the legal adviser.
Willis Capital Markets & Advisory Ltd. was the financial adviser for Meadowbrook Insurance Group , while Sidley Austin LLP was the legal adviser.