Hub valued at up to 14x Ebitda

Hub International may be worth more than 14x Ebitda if a report
suggesting the US broking giant could carry a hefty $7bn price tag
is to be believed.
Last week, Reuters revealed that the broker's majority owner
private equity (PE) firm Hellman & Friedman was looking to cash
out a portion of its stake in the business.
The report suggested that the sale could value the intermediary
at between $6bn and $7bn, which - at the top end - would...