Slaughter and May advised Legal & General Assurance Society Limited (“Legal & General”) on its £1.4 billion buy-in with the Sanofi Pension Scheme.
The buy-in secures the benefits of 4,900 retirees and 5,600 deferred members. For more information, see Legal & General’s announcement.
Throughout the course of the transaction, Slaughter and May worked closely with Legal & General’s Legal and Business teams.