BUZZ-SelectQuote hits 3-year high on $350 million investment from Bain Capital, Morgan Stanley

Reuters

2025/02/12

BUZZ-SelectQuote hits 3-year high on $350 million investment from Bain Capital, <a href="https://laohu8.com/S/MSPQL">Morgan Stanley</a>

** Shares of term life sales agency SelectQuote SLQT.N jump as much as 56.6%, hitting their highest since three years

** Stock last up 27.7% at $5.59

** SLQT announced $350 million investment from funds managed by Bain Capital, Morgan Stanley Private Credit and Newlight Partners late on Monday

** Deal allows SLQT to bolster its healthcare service business and fortify its balance sheet

** Jefferies and Wachtell, Lipton, Rosen & Katz advised SelectQuote in the transaction

** Shares of SLQT more than doubled in 2024

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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Katz advised SelectQuote in the transaction</p><p>** Shares of SLQT more than doubled in 2024</p><p> (Reporting by Arasu Kannagi Basil in Bengaluru)</p><p> ((ArasuKannagi.Basil@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4173","symbol_name":"保险经纪商","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250211:nL4N3P21J9:1","article_id":"2510353700","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510353700","pubTimestamp":1739299585,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-SelectQuote hits 3-year high on $350 million investment from Bain Capital, Morgan Stanley** Shares of term life sales agency SelectQuote SLQT.N jump as much as 56.6%, hitting their highest since three years** Stock last up 27.7% at $5.59** SLQT announced $350 million investment from funds managed by Bain Capital, Morgan Stanley Private Credit and Newlight Partners late on Monday** Deal allows SLQT to bolster its healthcare service business and fortify its balance sheet** Jefferies and Wachtell, Lipton, Rosen & Katz advised SelectQuote in the transaction** Shares of SLQT more than doubled in 2024  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4173":"保险经纪商","SLQT":"SelectQuote, Inc."},"translate_title":"贝恩资本和摩根士丹利投资3.5亿美元，BUZZ-SelectQuote创三年新高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SLQT":0.9},"content_text":"BUZZ-SelectQuote hits 3-year high on $350 million investment from Bain Capital, Morgan Stanley** Shares of term life sales agency SelectQuote SLQT.N jump as much as 56.6%, hitting their highest since three years** Stock last up 27.7% at $5.59** SLQT announced $350 million investment from funds managed by Bain Capital, Morgan Stanley Private Credit and Newlight Partners late on Monday** Deal allows SLQT to bolster its healthcare service business and fortify its balance sheet** Jefferies and Wachtell, Lipton, Rosen & Katz advised SelectQuote in the transaction** Shares of SLQT more than doubled in 2024 (Reporting by Arasu Kannagi Basil in Bengaluru) ((ArasuKannagi.Basil@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}