Onex nears deal for York Risk Services, say sources: Reuters

Canadian private equity firm Onex Corp is in advanced discussions to buy insurance claims services provider York Risk Services Group Inc for more than US$1.3 billion, sources told Reuters. U.S. private equity firm ABRY Partners currently owns the Parsippany, New Jersey-based company, which provides third-party claims management for all lines of insurance including general liability and workers' compensation. A deal announcement could come as early as next week, sources said.

14 July 2014•2 mins read
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