Michael Dell’s family office nears deal to buy Baldwin Insurance: FT

Michael Dell's family investment firm is close to finalizing a deal to acquire The Baldwin Insurance Group, a publicly traded insurance brokerage.

The Baldwin Insurance Group is valued at approximately $4.2 billion.

An official announcement of the agreement between DFO Management and Baldwin is anticipated soon.

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Michael Dell’s family investment firm is nearing a deal to purchase The Baldwin Insurance Group (BWIN), a publicly traded insurance brokerage with a valuation of approximately $4.2 billion, as reported by the Financial Times. DFO Management and Baldwin are expected to publicly announce their agreement shortly.