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After dropping out of the strategic process in the spring, Blackstone has now come in as an investor. -
With the deal, KKR purchased over half of USI shares held by Canadian investment firm CDPQ in addition to stock from other investors.
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The reciprocal exchange received a consent order on Friday and is expected to begin underwriting in December
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Inside P&C’s news team runs you through the key highlights of the week.
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Shifting economic winds make growth plays more attractive, causing insurer stock performance to lag though short interest remains flat.
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Inside P&C’s news team runs you through the key highlights of the week.
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In a recent report titled “TFC: Primed for activist”, Wells Fargo notes investor discontent and lists pressing issues to be addressed at Truist.
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With the deal, Goldman Sachs will join Charlesbank Capital as co-lead equity investor in the Iselin, New Jersey-based retailer.
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The Omaha conglomerate held its ~2.1% stake in Aon valued at nearly $1.5bn and its interest of over 3% in Markel, worth over $652mn at the end of Q2.
