Deal Roundup: Rubenstien’s Orioles buyout approved, Apax eyes potential £4bn PIB sale

Apax Partners is reporetdly considering a sale of British insurance broker PIB Group in a deal which could value it at more than £4bn. Apax bought PIB Group, which specialises in commercial lines and non-standard personal lines products, from Carlyle in 2021, with Carlyle remain a minority investor. Apax is expected to appoint a financial adviser …