Ardonagh valued at $7.5bn as Abu Dhabi Investment Authority joins investor roster
The Ardonagh Group has secured investment from the Abu Dhabi Investment Authority and “several other large global institutions”, giving the group a multi-billion dollar valuation.
The broking group’s latest raise, led by existing shareholders Madison Dearborn Partners and HPS Investment Partners, values the business at $7.5bn (£5.7bn), Ardonagh said.
Under the deal terms, MDP
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