Ardian and Burrus to acquire a majority stake in Diot-Siaci from Bpifrance, OTPP, and Cathay Capital, for $5.643bn.

Ardian, a private investment firm, and Burrus, an insurance agency, agreed to acquire a majority stake in Diot-Siaci, a corporate insurance brokerage, from Bpifrance, OTPP, and Cathay Capital, an institutional and investment firms, for $5.643bn. Mubadala is renewing its confidence in the Group by increasing its investment alongside Ardian. “Ardian’s arrival in our capital demonstrates the market’s confidence in the continued development of our Group and its teams, and will enable us to pursue our strategy of strong international growth,” Cédric Charpentier, Diot-Siaci CEO.