Sompo Holdings receives regulatory approvals for Aspen acquisition

Sompo Holdings (SMPNY) received the necessary antitrust and insurance regulatory approvals required to complete its previously announced acquisition of 100% of the issued Class A ordinary shares of Aspen Insurance Holdings (AHL) through a wholly owned subsidiary of Sompo International Holdings. The transaction is expected to close in the next several days, subject to the satisfaction of customary closing conditions. Following closing, Sompo will begin the process of integrating Aspen’s capabilities to ensure a globally diversified Property & Casualty platform.