The Illinois-based insurance brokerage has agreed to acquire its Florida-headquartered peer, as it looks to bolster its presence in the vast and fast-growing middle-market segment, emulating Aon and Marsh McLennan.
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Arthur J. Gallagher to buy AssuredPartners in $13.45B deal
The Illinois-based insurance brokerage has agreed to acquire its Florida-headquartered peer, as it looks to bolster its presence in the vast and fast-growing middle-market segment, emulating Aon and Marsh McLennan.Read here
US Bitcoin ETF inflows near $10B since election
The dozen funds from issuers including BlackRock and Fidelity Investments have attracted around $9.9 billion in net capital, helping to lift the group’s total assets to around $113 billion.Read here
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Blackstone, EQT advance in $5.3B Urbaser sale
The private equity giants have moved into the second round of bidding to acquire the global waste management company, which could be valued at up to $5.3 billion, according to sources familiar with the matter.Read here
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HIG Bayside Capital closes $1B loan fund
The special situations credit affiliate of the $55 billion Miami-based private equity firm has held the final closing of HIG Bayside Loan Opportunity Fund VII with a billion dollars in aggregate capital commitments.Read here
Adani Group to invest over $88B in Rajasthan state
The Indian conglomerate will finance projects in the northwestern state across various sectors such as renewable energy and cement in the next few years. Read here
GIC picks JPMorgan for
$5B Greenko stake sales
The Singaporean sovereign wealth fund is working with the financial services firm to help advise on options including the sale of its 50% stake in the Indian energy firm. Read here
CVC to take CompuGroup private in $1.2B deal
The Luxembourg-based private equity firm has offered €22 a share in cash for the German technology company, which makes software serving the healthcare industry. Read here
Norway wealth fund hits record $1.80 trillion
The value of the Northern European country's sovereign wealth fund, the world's largest, rose to double its value in just five years as stock markets rose.Read here
