KKR-backed consortium agrees $5.5bn take-private of Australian insurance broker steadfast

Steadfast Group has agreed to a AUD7.7bn ($5.5bn) takeover by a consortium backed by KKR, in one of the latest major Australian public-to-private transactions targeting the country's financial services sector, according to report by Reuters.

Original Source

Read the full article at Privateequitywire →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.