Ardian to sell Siaci Saint Honore to management

Ardian has agreed to sell Siaci Saint Honore, a Paris-based provider of insurance brokerage and consulting services, to its management. No financial terms were disclosed.Edmond de Rothschild, a minority shareholder of Siaci, will sell its stake as part of the deal. Charterhouse is backing the transaction.

DealsNorth AmericaUSBriefs