Deals
Global Atlantic Buys Forethought for Post-Goldman Growth
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Global Atlantic Financial Group, the insurer divested by Goldman Sachs Group Inc. this year, agreed to buy closely held Forethought Financial Group Inc. to expand sales of life and retirement products.
The purchase will increase assets at Global Atlantic to more than $31 billion, the Bermuda-based insurer said today in a statement that didn’t include terms. Forethought had $6.3 billion in assets as of Dec. 31, according to its website.