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Australia’s Steadfast Agrees to $5.51B Buyout Bid by KKR-Backed Consortium

Australian insurance broker Steadfast Group said on Friday it has agreed to a A$7.7 billion ($5.51 billion) takeover offer by a U.S. consortium backed by investment firm KKR. As part of the proposal, insurance distributor Amwins Group will acquire Steadfast’s …

Australia’s Steadfast Agrees to $5.51B Buyout Bid by KKR-Backed Consortium

We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.

Read the original at insurancejournal.com →

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