Ambac to acquire majority stake in Beat Capital Partners for $282mn
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Ambac to acquire majority stake in Beat Capital Partners for $282mn

Ambac also announced it was selling its financial lines book to Oaktree for $420mn.

By Aisling Finn
June 05, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Ambac-2024.png

Ambac Financial Group has signed a definitive agreement to acquire a 60% controlling stake in Beat Capital Partners for approximately $282mn, up to $40mn of which will be paid in shares of Ambac common stock.

Ambac

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsM&AMGA
Gift this article