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The group has hired Hines Associates to advise on the process. -
Backer Livingbridge’s second attempt to sell the broker has reached an impasse.
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AJG still has $2bn of M&A capacity after the AP and Woodruff Sawyer deals.
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What does it take to stay profitable as the insurance cycle shifts — and why is leadership diversity still lagging in the London market?
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Insight into the state of the insurance M&A market, powered by Insurance Insider’s comprehensive deal database.
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Investor interest is mounting in German broking assets.
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The broker's share price dipped 11% in morning trading after its Q1 earnings missed expectations.
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The business is majority-owned by Castik Capital.
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The business, which has ~EUR300mn of book value, is expected to launch a process.
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The sale price represents Elephant’s approximate net asset value.
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The Kelso and Arch-backed run-off player has retained Evercore to advise.
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The combined business volume of the two firms is CHF20.1bn.
