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Blackstone eyes insurance broker Acrisure

Jun. 08, 2016 4:45 AM ETBlackstone Inc. (BX) StockBXBy: Yoel Minkoff, SA News Editor
  • Blackstone (NYSE:BX) is in advanced discussions to acquire Acrisure, in a deal that could value the U.S. insurance brokerage at well over $2B, including debt.
  • According to Reuters, Blackstone has so far prevailed in the auction for Acrisure, though negotiations with the company's owner, buyout firm Genstar Capital, are still continuing.

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