MOVES- Aon Hewitt, Robeco, Credit Suisse
Jan 23 The following financial services industry appointments were announced on Monday. To inform us of other job changes, email firstname.lastname@example.org.
DUBAI Dec 20 Investcorp Bank has agreed to sell its stake in cybersecurity company Optiv Security Inc to private equity firm KKR & Co, the Bahrain-based private equity investor said in a bourse statement Tuesday.
KKR & Co said on Dec. 6 it would acquire Denver, Colorado-based Optiv from majority owner Blackstone Group LP , Investcorp and Sverica and other investors.
Financial terms of the transaction were not disclosed.
Investcorp said Optiv management and Blackstone would continue to hold a minority interest in the company.
Optiv was created in 2015 from the merger of cybersecurity companies FishNet Security and Accuvant, in which Blackstone made a majority investment in 2014.
Optiv filed for an IPO last month, with a nominal fundraising target of $100 million. (Reporting by Alexander Cornwell; Editing by Gopakumar Warrier)
(The following statement was released by the rating agency) CHICAGO, January 23 (Fitch) Fitch Ratings has completed its review of its U.S. midtier regional bank peer group. Following the review, which generally covers banks with assets between $10 billion and $50 billion, Fitch downgraded UMB financial (UMBF) and revised the Rating Outlook to Stable from Negative. At the same time, Fitch revised the Outlooks for BOK Financial (BOKF) to Stable from Negative and revised the Outlook for First
Jan 23 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday: