Skyward Specialty to acquire Lloyd’s business Apollo for $555mn
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Skyward Specialty to acquire Lloyd’s business Apollo for $555mn

In June, this publication revealed that Apollo had appointed Evercore and Howden to run a process.

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Skyward Specialty has struck a deal to acquire Apollo from Alchemy, management, employees and other investors for $555mn.

Employees and strategic investors will receive $184mn in stock consideration, while the remaining $371mn will be paid in cash, with committed debt...

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