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 …
Key PointsA hypothetical $1,000 stake in Pershing Square at its 2004 launch would have grown to roughly $26,000 by August 2026, compared with about $11,000 in the S&P 500.