Ohio Farmers Insurance Company /
Argo Underwriting Agency Limited
Ohio Farmers Insurance Company to buy Argo Underwriting Agency Limited
- Terms
- Not stated
- Stage
- Agreement signed
What happened
Ohio Farmers Insurance Company agreed to purchase the entire issued share capital of Argo Underwriting Agency Limited from Argo International Holdings Limited. The transaction is subject to customary closing conditions and regulatory approvals.
The base cash consideration is $125,000,000, subject to adjustments based on the target’s net assets at completion. The transaction is expected to close in the first half of 2023.
The source
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Ohio Farmers Insurance Company to buy Argo Underwriting Agency Limited
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