French brokerage Diot-Siaci has revealed that its primary financial supporter, the Ontario Teachers' Pension Plan, is engaged in exclusive negotiations to sell its substantial minority stake to private equity firm Ardian.

This development marks a significant shift in Diot-Siaci's ownership structure, as the Ontario Teachers' Pension Plan has been a key investor. The potential sale to Ardian could lead to new strategic directions for the brokerage.

The move highlights the ongoing interest of private equity firms in the insurance and brokerage sectors, as they seek to capitalize on growth opportunities. The outcome of these discussions could have implications for Diot-Siaci's future operations and market positioning.

As the negotiations progress, stakeholders will be watching closely to see how this transaction unfolds and what it means for the broader market.