Athene Execs: Looking For Deals, But Out On American Equity
November 4, 2020 by John Hilton
Athene Holding will not be further pursuing a deal with American Equity, company executives said today during the insurer’s third-quarter earnings call.
Athene is in a deal-making mode, President Bill Wheeler said, but will be looking elsewhere. American Equity rejected a $3 billion takeover bid put forth earlier this month by MassMutual and Athene, and is instead going into business with Brookfield Asset Management.