John Hancock Mutual Insurance purchases Aetna Life Insurance Company of Canada

On October 1, 1999, Aetna Life Insurance Company (U.S.) sold Aetna Life Insurance Company of Canada to The Maritime Life Assurance Company, a wholly-owned subsidiary of John Hancock Mutual Insurance Company (U.S.). The consideration for the purchase was $432 million in cash. Jonathan Levin, Robert McDowell, Gary Fogler, Janne Duncan and Barbara Lippett advised Aetna Life Insurance Company (U.S.) on the corporate/commercial and insurance company regulatory work with William Bies and Mitchell Thaw advised on tax issues.