<div class=newsTextDataWrapInner><p data-qa-component="item-headline">BENGALURU (July 14): Australia's Steadfast said on Tuesday that the global investment firm KKR&nbsp;has joined the consortium of Amwins Group and Dragoneer Investment in their A$7.7 billion (US$5.33 billion) proposal to&nbsp;buy out&nbsp;the insurance broker.</p></div>

<div class=newsTextDataWrapInner><p>KKR joined the consortium as a co-lead investment partner with US-based Dragoneer Investment, which will take control of Steadfast's retail brokerage business if the deal closes.</p></div>

<div class=newsTextDataWrapInner><p>As per the previously disclosed deal terms, insurance distributor Amwins will acquire Steadfast's underwriting agency operations.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Steadfast said Amwins and Dragoneer have confirmed that KKR’s participation will not affect the timetable of the deal the parties are currently aligning to.</p></div>

<div class=newsTextDataWrapInner><p>Last week, Steadfast&nbsp;extended&nbsp;the exclusivity period to the consortium by four weeks.</p></div>

<div class=newsTextDataWrapInner><p>The consortium has maintained the offer of&nbsp;A$6 per Steadfast share, first tabled in June.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Liza Shireen Koshy</em></p></div>


BENGALURU (July 14): Australia's Steadfast said on Tuesday that the global investment firm KKR has joined the consortium of Amwins Group and Dragoneer Investment in their A$7.7 billion (US$5.33 billion) proposal to buy out the insurance broker....

KKR joins US consortium to buy Australia's Steadfast in US$5.3 bil deal

Opec+ is set to keep oil production targets steady for November, three sources close to the matter said ahead of the group's meeting on Sunday.

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BATU PAHAT (Oct 4): A 16-year-old female student died after she was found unconscious and covered in blood at a school in Yong Peng Saturday.

Police said a 16-year-old male teenager was arrested at about 7pm in the Yong Peng area, about an hour after police were alerted to the incident....

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KUALA LUMPUR (Oct 4): Datuk Seri Anwar Ibrahim has expressed his condolences over the death of secondary student Irene Sofiya Mohd Khairoul Faisal, whose body was found with injuries at a school in Yong Peng, Johor on Saturday.

In a Facebook post, the prime minister extended his condole...

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Over the past decade, scholars and journalists have been writing about what the march of digital technology means for humanity with a mixture of hope and anxiety: hope because of the rise in living standards that the digital revolution has made possible, and anxiety because it has deepened social...

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Ahmad Zakii Anwar’s Sementara brings together 75 paintings and drawings spanning decades of the painter’s career, from his celebrated Smokers and Sofa series to pieces exploring the human form, ritual, portraiture and animals. Drawn from the Steve Wong Art Collection, the retrospective highlights Zakii’s distinctive mastery of shadow, light, charcoal and chiaroscuro, alongside his fascination with the body and its spiritual dimensions.

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<p>Our cover story features Johor-based BCB Bhd (KL:BCB), who views Johor’s next phase of growth as not about chasing the latest property cycle, but positioning its developments in the state’s evolving economic landscape.</p>


<p>(Oct 4): A former OpenAI safety employee who recently resigned criticized the company's approach to AI safety, arguing that a fast-paced culture focused on rapid development increases the risk of failures.</p>

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<p>Treasury Secretary Scott Bessent said the recent rise in US Treasury yields was in line with global trends and didn’t warrant consternation, even as worries about persisting price pressures pushed some benchmark rates to their highest in more than two decades.</p>


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<p>KUALA LUMPUR (Oct 4): Datuk Seri Anwar Ibrahim has expressed his condolences over the death of secondary student Irene Sofiya Mohd Khairoul Faisal, whose body was found with injuries at a school in Yong Peng, Johor on Saturday.</p>

<p>In a Facebook post, the prime minister extended his condole...

<p>Yemen's Iran-aligned Houthis said on Saturday they had targeted an Aramco facility in the Saudi capital Riyadh with ballistic missiles and drones, saying the attack was in retaliation for Saudi attacks on Yemen's Sanaa and other provinces.</p>


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<p>Any urgency among Federal Reserve and European Central Bank policymakers to follow up September interest-rate hikes at this month’s meetings has been dialled back in the wake of soft US jobs data and acute stress in French financial markets.</p>


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<p>Ahmad Zakii Anwar’s <em>Sementara </em>brings together 75 paintings and drawings spanning decades of the painter’s career, from his celebrated Smokers and Sofa series to pieces exploring the human form, ritual, portraiture and animals. Drawn from the Steve Wong Art Collection, the retrospective highlights Zakii’s distinctive mastery of shadow, light, charcoal and chiaroscuro, alongside his fascination with the body and its spiritual dimensions.&nbsp;</p>


<p>BATU PAHAT (Oct 4): A 16-year-old female student died after she was found unconscious and covered in blood at a school in Yong Peng Saturday.</p>

<p>Police said a 16-year-old male teenager was arrested at about 7pm in the Yong Peng area, about an hour after police were alerted to the incident....

<p>Train services on the MRT Putrajaya Line are experiencing delays following a power supply disruption caused by a cable theft incident near Taman Equine Station, according to Rapid KL.</p>


<p>US Treasury Secretary Scott Bessent criticised prominent artificial-intelligence figures’ warnings about existential risks posed by the technology as alarmist and unhelpful, calling on the industry to police itself and produce solutions.</p>


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<p>Bankers in Hong Kong skipped the summer break as an artificial intelligence-fuelled rush for capital sent share sales to a record, defying a bruising sell-off in the city’s stocks.</p>


<p>South Korean President Lee Jae Myung ordered a thorough investigation and response measures over recent personal data leak incidents at banks, finance companies and public agencies, Seoul's presidential office said on Sunday.</p>


<p>Over the past decade, scholars and journalists have been writing about what the march of digital technology means for humanity with a mixture of hope and anxiety: hope because of the rise in living standards that the digital revolution has made possible, and anxiety because it has deepened social...

<p>Nicolás Maduro is not entitled to immunity from criminal charges, US prosecutors said, countering the former Venezuelan president’s bid to toss the US’ narco-terrorism case against him.</p>


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<p>The Strait of Hormuz will not reopen until seven Iranian conditions set out in a June interim agreement with the US are met, <i>Nournews</i> reported Iran's parliament speaker Mohammad Baqer Qalibaf as saying on Sunday, a few days after Tehran received Washington's reply to its diplomatic proposal.</p>
