DFO Management, the family office of Michael Dell, is reportedly in advanced discussions to acquire the Baldwin Group, an insurance broker valued at $4.1 billion, according to the Financial Times. The move is said to come as the historically fragmented insurance industry experiences a wave of consolidation.
The Baldwin Group, a target for acquisition, operates within this sector and could be transitioning to private ownership under the potential deal with DFO Management.
Original Source: https://www.ft.com/content/5495d88b-b457-498a-bedd-64a954b538cd?syn-25a6b1a6=1