Ambac to acquire majority stake in Beat Capital Partners for $282m
Reinsurance News - Jun 05, 2024
Ambac Financial Group has signed a definitive agreement to acquire a 60% controlling stake in Beat Capital Partners Limited, a London-based insurance underwriting and managing general agency (MGA) incubation platform, for approximately $282 million. As per Ambac, up to $40 million of the total appro...
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