Private Equity Firm Apollo to Buy Aspen Insurance for $2.6 Billion

Article 0 Comments Apollo Global Management LLC, the investment firm led by Leon Black, agreed to acquire Aspen Insurance Holdings Ltd. for $2.6 billion, in the latest example of private equity investors expanding their insurance assets. Apollo will pay $42.75 a share in cash for the Hamilton, Bermuda-based insurer, 6.6 […]

UK Insurer ESure Receives $1.5 Billion Offer from Bain Capital

Article 0 Comments ESure Group Plc has received an unsolicited offer of about 1.17 billion pounds ($1.5 billion) from Bain Capital Private Equity LP as private equity firms seek to consolidate the insurance industry. The offer of about 280 pence a share in cash is a 37 percent premium to […]