Onex to buy US insurance brokerage services co for $2.3 billion

Reuters

Canadian private equity company Onex Corp said it will buy USI, a U.S. provider of insurance brokerage services, from GS Capital Partners for $2.3 billion.

"USI has established a strong national insurance brokerage," Robert Le Blanc, an Onex managing director, said in a statement.

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(Reporting by Bhaswati Mukhopadhyay in Bangalore)