Ambac meets pre-closing conditions for $420m sale to Oaktree

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Reinsurance News - Apr 07, 2025

Ambac Financial Group, Inc., an insurance holding company, has announced that it has met all necessary pre-closing conditions under the purchase agreement for the sale of Ambac Assurance Corporation (AAC) and Ambac UK (AUK) to funds managed by Oaktree Capital Management, L.P. The transaction was fir...

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