Argo in advanced talks to sell Lloyd’s business to Westfield Specialty
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Argo in advanced talks to sell Lloyd’s business to Westfield Specialty

Argo group and westfield logos ny.jpg

Westfield Specialty is in advanced negotiations to buy Argo’s £600mn-GWP Lloyd’s business, as the New York-listed firm’s strategic review evolves from the group-level sale initially attempted, this publication can reveal.

Sources said that talks and due diligence had progressed well, and that it was likely a deal would follow in short order, although nothing has yet been signed.

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