Brookfield Reinsurance has closed its acquisition of American National Group, a Galveston, Texas-based provider of life, health and property and casualty insurance, as well as annuities.
Bidders competing for Kohl's are preparing to make binding offers that are lower than the indicative bids they submitted earlier this year to reflect the market downturn and the US retailer's deteriorating business, Reuters reported.
Ryan, a Dallas-based provider of tax services and software, said Ares Management Corp will acquire a minority stake in the company, valuing it at $2.5 billion.
Milestone Partners has formed specialty auto insurance holding company Drive Assurance and made two acquisitions: GoAuto and its affiliated tech platform Adaptive Information Technologies LLC.