Steve Mnuchin's fund in talks to buy 25% Phoenix agencies stake
US private equity firm Liberty Strategic Capital is in talks to buy the Israeli insurance agencies' stake at a company valuation of $900 million.
Source: globes.co.il
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US private equity firm Liberty Strategic Capital is in talks to buy the Israeli insurance agencies' stake at a company valuation of $900 million.
The emerging deal would give Phoenix Insurance Agencies a company valuation of $900 million - $1 billion.