#Latest news with #BridgepointGroupBloomberg28-05-2025BusinessBloombergBridgepoint in Talks to Sell French Broker Kereis to AdventBridgepoint Group Plc is in talks to sell French broker Kereis to buyout firm Advent, adding to a wave of insurance deals in Europe as the industry consolidates. Advent is in exclusive negotiations for the acquisition, the companies said Wednesday in a statement confirming an earlier report by Bloomberg News. Terms of the potential deal weren't disclosed. The price is more than €2 billion ($2.3 billion) including debt, according to people familiar with the matter.
Bloomberg28-05-2025BusinessBloombergBridgepoint in Talks to Sell French Broker Kereis to AdventBridgepoint Group Plc is in talks to sell French broker Kereis to buyout firm Advent, adding to a wave of insurance deals in Europe as the industry consolidates. Advent is in exclusive negotiations for the acquisition, the companies said Wednesday in a statement confirming an earlier report by Bloomberg News. Terms of the potential deal weren't disclosed. The price is more than €2 billion ($2.3 billion) including debt, according to people familiar with the matter.