Ambac finalises $420m sale of legacy financial guaranty units to Oaktree

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Reinsurance News - Sep 30, 2025

Ambac Financial Group has completed the sale of its legacy financial guarantee businesses, Ambac Assurance Corporation and Ambac Assurance UK Limited, to funds managed by Oaktree Capital Management for $420 million in cash. The cash sale of Ambac Assurance Corporation and Ambac Assurance UK Limited...

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