KKR and CDPQ to Buy USI Insurance From Onex for $4.3b
Alert: HALISTER
Source: BFW (Bloomberg First Word)
Tickers
KKR US (KKR & Co LP)
ONEX CN (Onex Corp)
1118Z CN (Caisse de depot et placement du Quebec)
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UUID: 7947283
(Bloomberg) -- KKR, CDPQ and USI employees to acquire USI Insurance from Onex and its affiliates for $4.3b; KKR and CDPQ will have equal ownership.
- Deal expected to close by end of 2Q
- Investment will primarily be made via KKR and CDPQ’s PE partnership
- USI has more than 4,400 employees in 140 U.S. offices
- March 16, KKR Said to Near Deal to Buy Onex’s USI Insurance For $2b: WSJ
Alert: HALISTER
Source: BFW (Bloomberg First Word)
Tickers
KKR US (KKR & Co LP)
ONEX CN (Onex Corp)
1118Z CN (Caisse de depot et placement du Quebec)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283