Blackstone to sell Alliant to KKR

By Luisa Beltran — 3 years ago

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.

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Vector Sweetens Technicolor Offer

By Luisa Beltran — 4 years ago

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 […]

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Freepoint Commodities Buys J.P. Morgan’s Metal Concentrates Unit

By Connie Loizos — 4 years ago

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 […]

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