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United Kingdom

David French

Employee benefits firm OneDigital up for sale: sources

21 Feb 2020

NEW YORK Private equity firm New Mountain Capital LLC is exploring a sale of OneDigital, which could value the U.S. employee benefits and insurance broker at more than $2 billion, including debt, people familiar with the matter said on Friday.

Wealth management firm HighTower Advisors' owner seeks to cash out: sources

21 Feb 2020

The private equity owner of HighTower Advisors is exploring ways to cash out of one of the largest registered investment advisers in the United States, including through a potential sale of the company, people familiar with the matter said on Friday.

Exclusive: France's Engie eyes U.S. energy services firm Ameresco - sources

20 Feb 2020

French power utility Engie SA has approached Ameresco Inc , a U.S. provider of energy efficiency solutions and developer of renewable energy plants, to express interest in acquiring it, according to people familiar with the matter.

Exclusive: U.S. utility Evergy close to board deal with Elliott - sources

18 Feb 2020

Evergy Inc is in advanced talks with Elliott Management Corp about a deal to avert a board challenge and give the hedge fund a say on who some directors will be at the Midwestern utility, people familiar with the matter said on Tuesday.

Insurance comparison firm SelectQuote taps banks for IPO: sources

12 Feb 2020

NEW YORK SelectQuote has hired investment banks for an initial public offering (IPO) that could value the owner of the eponymous insurance policy comparison website at more than $2 billion, including debt, according to people familiar with the matter.

Exclusive: Fidelity National nears deal to acquire FGL Holdings - sources

06 Feb 2020

Fidelity National Financial Inc is nearing a deal to acquire U.S. annuities and life insurance firm FGL Holdings Inc , as it seeks to expand beyond its core title insurance business, three people familiar with the matter said on Thursday.

Exclusive: Gas producer EQT seeks to raise $1 billion from royalty deal - sources

31 Jan 2020

EQT Corp, the largest natural gas producer in the United States, is aiming to raise as much as $1 billion by selling some of its royalty income, people familiar with the matter said on Friday.

Blackstone's Permian oil producer Guidon explores sale: sources

29 Jan 2020

NEW YORK Guidon Energy, an oil exploration and production company majority-owned by private equity firm Blackstone Group Inc , is exploring a sale that could value the Permian basin operator at more than $2.5 billion including debt, according to people familiar with the matter.

Midwest utility Evergy stands by business plan as Elliott challenges

21 Jan 2020

BOSTON/NEW YORK U.S. midwestern utility Evergy Inc affirmed on Tuesday its faith in its business plan after activist hedge fund Elliott Management Corp urged the firm to improve its performance or consider a merger with another power company.

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