Westaim exits Skyward position with sale of remaining 4.8% stake
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Westaim exits Skyward position with sale of remaining 4.8% stake

Westaim reported roughly $79mn in net proceeds from the sale.

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Canadian investor Westaim Corporation has sold its remaining 4.8% equity ownership in Skyward Specialty, exiting its position 20 months after the Houston-based insurer filed for an IPO.

The

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