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KKR & Co. and Caisse de dépôt et placement du Québec are in advanced discussions to jointly acquire insurance broker USI Insurance Services for approximately $2 billion. The deal, led by the Canadian private-equity firm Onex Corp., values USI at about $4 billion, including debt. This potential acquisition demonstrates the ongoing activity in the insurance sector and the pursuit of growth opportunities by major players in the industry.
Wednesday, 15 March, 2017