Argo Group International (ARGO) announced that Argo shareholders voted to approve an agreement for Brookfield Reinsurance Ltd. (BNRE) to acquire Argo in an all-cash transaction valued at approximately $1.1B. The Merger remains subject to other customary closing conditions, including receipt of required regulatory approvals. Argo and Brookfield Reinsurance expect to complete the Merger in the second half of 2023.
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Published first on TheFly
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Read More on ARGO:
- Argo Group downgraded to Underperform from Market Perform at Raymond James
- Argo Group reports Q4 operating EPS ($2.69), consensus ($1.75)
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