Mubadala Proposal to Sell Insurtech Startup Wefox Opposed by Founders

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Insurance Journal - Jun 14, 2024

Mubadala Investment Co. has proposed selling troubled insurance tech startup Wefox Holding AG to UK insurance broker Ardonagh Group Ltd. in a deal opposed by the German firm’s founders. The Abu Dhabi sovereign wealth fund has told Wefox shareholders it …...

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