Asurion Nears £2 Billion Deal to Buy Domestic and General

An Asurion LLC office in Orlando.

Photographer: Phelan M. Ebenhack/AP Photo

Asurion LLC is in advanced talks to acquire Domestic & General Group Ltd. in a deal valuing the UK warranty business at £2.1 billion ($2.74 billion), according to people familiar with the matter.

A transaction for the company backed by CVC Capital Partners Plc could be announced within days, said the people, who asked not to be identified because the talks were private.