KKR is buying Alliant Insurance Services from the Blackstone Group. Financial terms weren’t announced. Alliant’s management and employees own about 45% of the company and are rolling over a “substantial portion,” a statement says. Alliant is a specialty insurance brokerage firm. The deal is expected to close in fourth quarter. JP Morgan Chase and Blackstone Advisory Partners acted as financial advisors to Blackstone.

J.P. Morgan Chase and Blakeney Management have invested over $20 million in a Dubai-based e-commerce firm which sells designer clothing, writes Reuters. Namshi, a start-up launched late in 2011, aims to benefit from growth in the number of Internet users around the region.

Vector Capital has boosted its offer for Technicolor to €2 a share but all other terms remain the same. Vector is vying with J.P. Morgan Chase to buy a stake in the French set-top maker. Earlier this week, Technicolor rejected a revised offer from J.P. Morgan. PRESS RELEASE In order to confirm our strong enthusiasm [...]

Greenwich, Conn.-based Freepoint Commodities, founded last year by former RBS Sempra executives, is acquiring the Stamford, Conn.-based mineral concentrates unit of J.P. Morgan Chase & Co. REUTERS NEWS: Freepoint Commodities LLC will buy J P Morgan Chase & Co’s physical metal concentrates business, reuniting chief executive David Messer with more of his former Sempra compatriots [...]