CNO Financial Group Sells Minority Interest in Tennenbaum Capital Partners
08.20.18
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The Firm represented CNO Financial Group, Inc. (“CNO”) in connection with the sale of its minority interest in Tennenbaum Capital Partners, LLC. Terms of the transaction were not disclosed.
CNO is a NYSE-listed holding company (NYSE: CNO) for a group of insurance companies operating throughout the United States that develop, market and administer health insurance, annuity, individual life insurance and other insurance products.
The Simpson Thacher team included Patrick Naughton (M&A); and Gary Mandel and Joseph Tootle (Tax).