FTC Signs Off On $2.4B KKR-Sedgwick Deal

Law360, New York (February 10, 2014, 1:12 PM EST) -- The Federal Trade Commission has given early approval to KKR & Co. LP's $2.4 billion acquisition of claims service provider Sedgwick Claims Management Services Inc., according to the commission's website.

The FTC took less than two weeks to grant early termination in its review of the deal, which was expected to close by the end of the quarter. KKR, the New York-based investment firm, will take over the lion's share of Sedgwick from an investment group that includes private equity firms Hellman & Friedman LLC and...
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