Carlyle to Acquire NSM Insurance from White Mountains in $1.78 Billion Deal

Private equity firm Carlyle Group Inc told Reuters on Monday it has agreed to acquire U.S. specialty insurance provider NSM Insurance Group from White Mountains Insurance Group Ltd for $1.78 billion in cash. Carlyle said the deal is expected to close in the second half of this year. The transaction is expected to add $280… Continue reading Carlyle to Acquire NSM Insurance from White Mountains in $1.78 Billion Deal