Ascot-Blackstone talks remain live as Ian, M2M losses complicate deal
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Ascot-Blackstone talks remain live as Ian, M2M losses complicate deal

Adam McNestrie
07 November 2022
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Ascot’s takeover talks with Blackstone are grinding on almost five months after the alternative investment firm became the last party standing in the specialty player’s strategic process, this publication understands.

Sources told this publication that, despite the absence of a deal announcement, talks are ongoing as Canadian pension fund CPPIB seeks liquidity on its direct investments in financial services.

The

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News M&A Ascot
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