Onex puts $4bn price tag on USI: Report

Private-equity firm Onex is targeting a $4bn valuation in the
sale of USI, the American insurance broker it bought in 2012,
according to a report from Reuters.
The news service said that Onex was working with Bank of America
on an auction process, however it added that there was no certainty
around a deal.
The price would provide a significant markup on the $2.3bn Onex
paid for the broker when it acquired it from Goldman Sachs in
November 2012.
The...