Stonepoint to reduce interests in Cunningham Lindsey and Lockton
Global claims management group Cunningham Lindsey and broker Lockton International are both looking at options that may see private equity giant Stonepoint Capital divest or reduce its interests in the groups, Post understands.
Cunningham Lindsey and its former majority shareholder Fairfax entered into an agreement with Stonepoint’s fund Trident IV in October 2007, which saw the private equity firm take a 51% stake.
Fairfax
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