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Electronic Equipment & Products M&A image Electronic Equipment & Products M&A » By The Online Investor Staff, updated Thu., Apr. 25, 3:31 PM Recent mergers and acquisitions in the Electronic Equipment & Products M&A category.

Slide #50. Onex Corporation 42 Wells Fargo & Company insurance brokerage and consulting locations across the United States

Acquirer: Onex Corporation (OCX.CA)
Acquiree: 42 Wells Fargo & Company insurance brokerage and consulting locations across the United States
Details: Onex Corporation ("Onex") (TSX:OCX) announced today that its subsidiary, USI Insurance Services ("USI") has entered into an agreement with Wells Fargo Insurance, part of Wells Fargo & Company ("Wells Fargo") to acquire 42 of its insurance brokerage and consulting locations across the United States. These offices will further expand USI's presence as one of the leading middle market insurance brokerage and consulting firms, and will complement USI's full suite of property-casualty, employee benefits, personal lines, retirement and specialty offerings.

Onex is a holding company engaged in operating autonomous businesses. Co. operates in seven industry segments: electronics manufacturing services, aerostructures, healthcare, financial services, customer support services, metal services and other businesses which consist of theatre exhibition, aircraft and aftermarket, commercial vehicles, injection molding, building products, personal care products, mid-cap opportunities, real estate and credit securities.

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Company Name:  Onex Corp (Canada)
Website:  www.onex.com
Sector:  Electronic Equipment & Products
 

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April 25, 2024    3:31 PM Eastern
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