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CVS Health to acquire Oak Street Health from Newlight Partners and General Atlantic for $10.6bn. (Financial Sponsors)

Brookfield Reinsurance to acquire Argo for $1.1bn.

Microsoft's deal with Activision would harm gamers, CMA says.

Carlyle weighs Cotiviti's $15bn acquisition. (FS)

Greenbriar Equity closes sixth fund at $3.5bn. (FS)

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CVS Health to acquire Oak Street Health from Newlight Partners and General Atlantic for $10.6bn. (FS)

CVS Health , a health solutions company, agreed to acquire Oak Street Health , a network of value-based primary care centers for adults, from investment firms Newlight Partners and General Atlantic for $10.6bn.

"Oak Street Health is a premier value-based primary care platform. We believe that in partnership with CVS Health, Oak Street Health can accelerate its growth and provide an attractive return to our shareholders over time. The pending acquisitions of Oak Street Health and Signify Health will also meaningfully advance our goal of adding 200 basis points of long-term adjusted operating income growth, a key commitment we made to shareholders at our December 2021 Investor Day," Shawn M. Guertin, CVS Health Chief Financial Officer.

Oak Street is advised by Centerview Partners and Kirkland & Ellis (led by? Joshua Ayal ,? Daniel Wolf ?and? David Klein ). CVS is advised by 瑞信 , Lazard , Dechert LLP (led by? Rani Habash ?and? Mike Cowie ), McDermott Will & Emery and Shearman & Sterling LLP (led by? Derrick Lott ?and? Daniel Litowitz ). General Atlantic is advised by Paul, Weiss, Rifkind, Wharton & Garrison LLP (led by? Ellen Ching ?and?Matthew Abbott paul).

Brookfield Reinsurance to acquire Argo for $1.1bn.

Brookfield Reinsurance, a financial services business providing capital-based solutions to the insurance industry, agreed to acquire Argo Group , a focused underwriter of specialty insurance products, for $1.1bn.

"The acquisition of Argo represents another milestone in the continued expansion of our insurance solutions business. Argo’s leading US specialty platform adds a foundational piece to our expanding US P&C operations. We look forward to partnering with the Argo team to support the growth of its core businesses, build on its strong franchise, and deliver value for policyholders,” Sachin Shah, Brookfield Reinsurance Chief Executive Officer.

Argo is advised by 高盛 and Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates (led by?Todd Freed). Brookfield is advised by Debevoise & Plimpton (led by?Edward Drew Dutton?and? Andrew Jamieson ).

Microsoft's deal with Activision would harm gamers, CMA says.

UK antitrust regulators said the proposed $69bn acquisition of gaming giant Activision Blizzard by 微软 would further consolidate what it called Microsoft's strong position in cloud gaming and said a combination would hurt UK gamers, delivering another regulatory hurdle to the deal in a big global gaming marketplace,?WSJ?reported.

The country's Competition and Markets Authority said it would ask both companies to propose ways to ease its concerns and set a final decision about whether to let the deal proceed for late April.

Activision Blizzard is advised by Allen & Company LLC. , 摩根士丹利 (led by? Anthony Armstrong ), Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates (led by? Sonia Nijjar ?and? Kenton King ), 博然思维集团 (led by? Jonathan Doorley ) and FGS Global (led by? Paul Verbinnen ). Microsoft is advised by 高盛 (led by? Sam Britton ), Osler, Hoskin & Harcourt LLP , Sidley Austin LLP , Simpson Thacher & Bartlett LLP (led by? William Allen ,? Anthony Vernace ?and?Alan Klein), Weil, Gotshal & Manges LLP (led by? Michael Moiseyev ) and Assembly Media, Inc . Financial advisors are advised by White & Case LLP (led by?Denise Cerasani).

Carlyle weighs Cotiviti's $15bn acquisition. (FS)

Private equity firm 凯雷投资集团 is in talks to buy health-care technology firm Cotiviti for close to $15bn, including debt, from Veritas Capital ,?Bloomberg?reported.

Carlyle is working with private credit firms to gather around $5.5bn of financing for the potential deal. That would be one of the largest ever direct loans or non-bank buyout loans arranged in the private credit market.

Greenbriar Equity closes sixth fund at $3.5bn. (FS)

Greenbriar Equity Group, L.P. announced the final closing of Greenbriar Equity Fund VI, with total capital commitments of $3.5bn, inclusive of $225m in commitments from the general partner and its network of operating executives.

Fund VI represents the firm's largest fund to date, receiving strong support from both existing investors as well as an expanded base of new investors globally. Fund VI was significantly oversubscribed at its hard cap, successfully completing the fundraise above its $2.75bn target after launching in the third quarter last year.

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