On September 14, US insurance distribution company Baldwin Group announced that it has reached a final agreement with Sequence Holdings and the Dell Family Office. The latter two will acquire the majority of the company's shares in an all-cash transaction, with a total business value of about 7.7 billion US dollars. Once the deal is completed, Baldwin will delist and become a private company. According to the agreement, Baldwin shareholders will sell their shares for $32.50 per share in cash, at a premium of about 88% over the closing price on June 17, the day before news broke that the company was seeking privatization. The transaction included an equity purchase price of approximately US$4.6 billion and net debt of approximately US$3.1 billion to undertake or refinance, corresponding to about 20 times the company's profit before adjusted interest, tax, depreciation and amortization over the past 12 months.

On September 14, US insurance distribution company Baldwin Group announced that it has reached a final agreement with Sequence Holdings and the Dell Family Office. The latter two will acquire the majority of the company's shares in an all-cash transaction, with a total business value of about 7.7 billion US dollars. Once the deal is completed, Baldwin will delist and become a private company. According to the agreement, Baldwin shareholders will sell their shares for $32.50 per share in cash, at a premium of about 88% over the closing price on June 17, the day before news broke that the company was seeking privatization. The transaction included an equity purchase price of approximately US$4.6 billion and net debt of approximately US$3.1 billion to undertake or refinance, corresponding to about 20 times the company's profit before adjusted interest, tax, depreciation and amortization over the past 12 months.