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Sources said that a deal between the two sides could be reached in the next couple of weeks. -
Sources said that Nacional would only consider a bid north of $150mn.
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Deal flow is still far below levels seen in 2021.
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The Insurance Insider US news team runs you through this week’s key M&A deals.
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The Insurance Insider US news team runs you through this week’s key M&A deals.
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The mid-market unit has been a home run but will now face the fresh test of integrating a $1.3bn revenue business.
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Private equity-backed buyers accounted for 73.1% of all deals in the period.
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Interest in these vehicles has increased recently, but market softening could throw a curve ball at growth.
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This follows a spate of program manager deals Ryan Specialty has made.
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The broker will take a charge of $1.6bn-$2.1bn relating to the sale.
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The transaction will be one of the largest involving two strategics in broking history.
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The Insurance Insider US news team runs you through this week’s key M&A deals.
