Ascot-Blackstone finally off as Ian lands final blow to faltering $2bn+ deal

The proposed sale of Ascot Group to Blackstone has been called off almost a full year after an Evercore-run process launched by owner CPPIB was initiated, as a darkening macroeconomic outlook and continued cat loss volatility cast a shadow over the deal, The Insurer can reveal.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 77 4160 9204

    andy.stone@wbmediagroup.com