DLA Piper represented Fosun International Limited in its sale of Ironshore Inc., a global property-casualty insurer, to Liberty Mutual in a deal valued at approximately US$2.935 billion.

Fosun International is the largest privately owned conglomerate in China and focuses on insurance, industrial operations, investment and asset management.

The DLA Piper team that advised Fosun International was led by partner Paul Chen (San Francisco/Hong Kong), who heads the firm’s Asia corporate practice, and also included partners Jack Kantrowitz, David Luce and Gerald Rokoff (all of New York), associates Spencer Markel and Jaspreet Mann (both of San Francisco) and associates Emily Sanders and Tyler Mann (both of New York), as well as senior attorney Mikhail Iliev (New York).