KKR is set to generate a $3.3bn gain from the sale of USI Insurance Services to Aon in a $17bn transaction, marking another sizeable realisation for the private equity firm as deal activity and exit markets begin to improve, according to a report by Bloomberg.
The transaction is expected to generate approximately $2bn in adjusted net income for KKR. The firm holds USI through its Strategic Holdings business, a platform established in 2023 to invest its balance sheet in longer-term, cash-generati...
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