Ambac to acquire majority stake in Beat Capital Partners for $282mn
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Ambac to acquire majority stake in Beat Capital Partners for $282mn

Ambac also announced it was selling its financial lines book to Oaktree for $420mn.

By Aisling Finn
June 05, 2024
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Ambac Financial Group has signed a definitive agreement to acquire a 60% controlling stake in Beat Capital Partners for approximately $282mn, up to $40mn of which will be paid in shares of Ambac common stock.

Ambac

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