WATERTOWN — KPH Healthcare Services Inc., the company that oversees operations of Kinney Drugs, has announced the acquisition of Marra’s Homecare, which has locations in Plattsburgh, Potsdam and Watertown.
Climate, Health, and Migration from the Marshall Islands eastwestcenter.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eastwestcenter.org Daily Mail and Mail on Sunday newspapers.
NEW YORK (Feb 8): US insurers are stepping up sales of annuities and other capital-intensive assets, amid a surge in interest from new and established private equity buyers hungry to boost the amount of money they manage, according to industry sources and public data.
Companies such as Sixth Street Partners and KKR & Co Inc have spent billions of dollars in the last year buying up insurance assets they can use as foundations for further acquisitions, while Blackstone Group Inc last month bought a business after restructuring its insurance operations under a new executive last year.
Insurers inked 441 deals worth US$25 billion in 2020, up from 356 deals worth about US$22 billion the year before, according to data from Refinitiv. That momentum continued this year, with January marking the most active month for insurance deal-making in 20 years, according to PricewaterhouseCoopers.
5 Min Read
NEW YORK (Reuters) - U.S. insurers are stepping up sales of annuities and other capital-intensive assets amid a surge in interest from new and established private equity buyers hungry to boost the amount of money they manage, according to industry sources and public data.
FILE PHOTO: FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo
Companies such as Sixth Street Partners and KKR & Co Inc have spent billions of dollars in the last year buying up insurance assets they can use as foundations for further acquisitions, while Blackstone Group Inc last month bought a business after restructuring its insurance operations under a new executive last year.