Deals
Carlyle Nears Sale of Sedgwick Stake to Altas
- Deal could value claims administrator at $13 billion
- Carlyle bought majority of Sedgwick for $6.7 billion in 2018
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Carlyle Group Inc. is in advanced talks to sell a minority stake in claims management company Sedgwick to Altas Partners, according to people with knowledge of the matter.
The potential deal values Sedgwick at about $13 billion, said one of the people, who asked to not be identified discussing confidential information. A deal could be announced within weeks, assuming talks don’t fall apart, another person said.