Activist investor Bobman says Argo mismanaged its sale process
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Activist investor Bobman says Argo mismanaged its sale process

Jairo Ibarra
October 18, 2022
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Activist investor Ron Bobman said in a letter to shareholders that Argo has mismanaged its proposed sale process through a “piecemeal approach”, which is both “complex and overly time-consuming”.

Argo has sold parts of the business in recent months, including its units in Italy, Brazil and Malta, as well as its Lloyd’s syndicate operations.

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Topics

News M&A Argo
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Jairo Ibarra
Senior Reporter
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