NU Online News Service, May 1, 2:40 p.m. EDT

Kansas City, Mo.-based insurance broker Lockton says it has acquired the minority stake in its operations outside the United States held by Trident III, L.P., an investment fund managed by Stone Point Capital LLC of Greenwich, Conn.

The privately held insurance broker says Stone Point Capital and the Trident fund provided financial and strategic support to Lockton when it acquired the international operations of Alexander Forbes in 2006.

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