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EQT to Buy Majority Stake in McGill and Partners for $2 Billion

EQT Corporation logoEQT Corporation
Sig4.20Sen+6.60Env0.00Soc+1.20Gov+1.00

EQT AB agreed to acquire a majority stake in UK insurance broker McGill and Partners from Warburg Pincus LLC for $2 billion via EQT X, aiming to accelerate global expansion. Founder and CEO Steve McGill will continue leading and Chairman John Lloyd will remain involved. Warburg Pincus will exit fully; the deal is expected to close in the first half of 2027.

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