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  1. www.argolimited.com › news-release › brookfieldBrookfield Reinsurance Completes $1.1 Billion ... - Argo Group

    Nov 16, 2023 · Hamilton, Bermuda – Nov. 16, 2023 – Argo Group International Holdings, Ltd. (“Argo”) today announced the completion of Brookfield Reinsurance’s acquisition of Argo in an all-cash transaction valued at approximately $1.1 billion.

  2. bnt.brookfield.com › press-releases › brookfieldBrookfield Reinsurance to Acquire Argo in $1.1 Billion ...

    Feb 8, 2023 · Argo Group International Holdings, Ltd. (NYSE: ARGO) is a U.S. focused underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses.

  3. www.reuters.com › markets › dealsBrookfield Reinsurance to take insurance firm Argo private in ...

    Feb 8, 2023 · Brookfield Asset Management's reinsurance unit agreed to take insurer Argo Group International private in a $1.1 billion deal, as the Canadian firm looks to expand its footprint in the U.S....

  4. www.businesswire.com › news › homeBrookfield Reinsurance Completes $1.1 Billion Acquisition of ...

    Nov 16, 2023 · HAMILTON, Bermuda-- ( BUSINESS WIRE )--Argo Group International Holdings, Ltd. (“Argo”) today announced the completion of Brookfield Reinsurance’s acquisition of Argo in an all-cash...

  5. www.insurance-canada.ca › 2023/02/08 › brookfieldBrookfield Reinsurance to Acquire Argo in Billion-Dollar ...

    • O Shareholders to Receive $30.00 Per Share in Cash
    • Advisors
    • About Argo Group International Holdings
    • About Paladin Cyber
    • Forward-Looking Statements

    As part of the agreement, each issued and outstanding Argo common share will be converted into the right to receive $30.00 in cash at closing of the merger, funded by existing cash on hand and liquidity available to Brookfield Reinsurance. The merger consideration per Argo common share represents a 6.7% premium to Argo’s closing share price on Febr...

    See full list on insurance-canada.ca

    Debevoise & Plimpton LLP is serving as legal advisor to Brookfield Reinsurance on this transaction. Goldman Sachs & Co. LLC is serving as financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal advisor to Argo on this transaction.

    See full list on insurance-canada.ca

    Argo Group International Holdings, Ltd. (NYSE: ARGO) is a U.S.-focused underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses. Argo and its insurance subsidiaries are rated ‘A-’ by Standard and Poor...

    See full list on insurance-canada.ca

    Brookfield Reinsurance Ltd. (NYSE, TSX: BNRE) operates a leading financial services business providing capital-based solutions to the insurance industry. Each class A exchangeable limited voting share of Brookfield Reinsurance is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation. (NYSE/TSX: BN). For m...

    See full list on insurance-canada.ca

    This press release may include, and Argo and Brookfield Reinsurance may make related oral, forward-looking statements which reflect Argo’s or Brookfield Reinsurance’s current views with respect to future events and financial performance. Such statements include forward-looking statements both with respect to Argo in general, and to the insurance an...

    See full list on insurance-canada.ca

  6. www.sfexaminer.com › marketplace › brookfieldBrookfield Reinsurance Completes Argo Acquisition for $1.1 ...

    Dec 20, 2023 · Brookfield Reinsurance acquired Argo in an all-cash transaction totaling $1.1 billion, acquiring all shares at a valuation of $30 per share and a 6.7% premium for shareholders. The deal, which...

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  8. www.nasdaq.com › articles › how-argo-group-argoHow Argo Group (ARGO) Stock Stands Out in a Strong Industry

    Mar 14, 2022 · This is arguably taking place in the Insurance - Property and Casualty space as it currently has a Zacks Industry Rank of 65 out of more than 250 industries, suggesting it is...