Business
KKR Expects $3.3 Billion Gain From USI Sale
KKR says it’s set to reap $3.3 billion in after-tax proceeds from its $17 billion sale of insurance brokerage USI to Aon. That’s a gain of about 3.4 times the investment the private-equity giant has made in the company. The companies unveiled the agreement Monday, after The Wall Street Journal reported Sunday the deal was imminent:
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