Private Equity
LONDON : European buyout houses Montagu Private Equity and Astorg Partners are preparing to hang the "for sale" sign on their UK insurance software investments, hoping to woo insurers and fellow private capital funds with their technology. Montagu is exploring a sale of Open GI, which offers software for insurance brokers to run their operations, in a deal likely to be worth several hundred million pounds, five sources familiar with the matter told Reuters.

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