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Fiserv to sell majority interest in insurance business to Trident IV Insurance Business Review
Fiserv, a provider of information technology services to the financial and insurance industries, has signed a definitive agreement with Trident IV, a private equity fund managed by Stone Point Capital, in which Trident will invest approximately $205 million in equity and $335 million in debt to acquire a 51% majority interest in Fiservs insurance businesses.
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Yahoo: World: Fiserv to sell majority interest in insurance business to Trident IV Insurance Business Review
Date Listed : Saturday, July 05, 2008
Source : Yahoo World, Yahoo! News: World News
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