2 PE Firms Bolster Stake In Ardonagh With $117M Buy

By Darcy Reddan (May 21, 2019, 2:04 PM EDT) -- Investment funds managed by Madison Dearborn Partners and HPS Investment Partners on Tuesday said they will up their stake in Jersey-based Ardonagh Group by acquiring roughly £92 million ($117 million) of additional shares in the insurance broker....

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