Ambac and Oaktree announce extension for financial guarantee business sale

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Reinsurance News - Jul 07, 2025

Insurance holding company Ambac has extended from July 3, 2025, to December 31, 2025 the term of the stock purchase agreement relating to the sale of its legacy financial guarantee businesses -Ambac Assurance Corporation (AAC) and Ambac UK (AUK) – to funds managed by Oaktree Capital Management...

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