04:03 PM EDT, 08/30/2024 (MT Newswires) -- Carlyle Group ( CG ) is in advanced talks to sell a minority interest in Sedgwick, a claims management firm, to Altas Partners, Bloomberg reported Friday, citing people with knowledge of the matter.

The possible deal values Sedgwick at $13 billion with an announcement potentially within weeks if negotiations proceed smoothly, Bloomberg reported.

Carlyle declined to comment, and Altas didn't immediately have a comment, Bloomberg reported.

Carlyle and Altas didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 40.12, Change: +0.04, Percent Change: +0.10