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ACE’s $28bn deal for Chubb: A big win for Guggenheim

A boutique investment bank has scored big yet again – this time it's Alan Schwartz's Guggenheim Partners

Guggenheim CEO Alan Schwartz
Guggenheim CEO Alan Schwartz Photo: Getty Images

With ACE's announced $28.3 billion acquisition of Chubb Corp, a boutique investment bank scored yet again. This time it was Guggenheim Partners, which is advising Chubb on the deal, with the win.

Each side listed only one investment bank as an adviser - somewhat rare for a deal of this magnitude. Morgan Stanley is advising ACE.

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