M&A Deal Summary |
|
|---|---|
| Date | 2016-09-29 |
| Target | MBIA UK Insurance |
| Sector | Insurance |
| Buyer(s) | Assured Guaranty |
| Sellers(s) | MBIA |
| Deal Type | Divestiture |
| Deal Value | 347M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2003 |
| Sector | Insurance |
| Employees | 350 |
| Revenue | 814M USD (2024) |
Assured Guaranty is a provider of financial guaranty insurance. Assured Guaranty was founded in 2003 and is based in Hamilton, Bermuda.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Insurance M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 3 of 3 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2016 M&A | 2 of 2 |
| Size (of disclosed) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-13 |
CIFG Holding
New York, New York, United States CIFG Holding, Inc. is a provider of insurance services and company had an insured portfolio of $5.6 billion of net par and approximately $637 million of statutory capital. |
Buy | $450M |
MBIA is a holding company that conducts business through two subsidiaries: MBIA Insurance Corporation and MBIA Asset Management. Its Insurance Corporation is a monoline financial guaranty insurance company that generates revenue by insuring the timely payment of principal and interest on financial instruments in return for a guaranty fee. Its Asset Management is a fixed income-focused asset management organization. MBIA was founded in 1973 and is based in Purchase, New York.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-01-05 |
Cutwater Holdings
Armonk, New York, United States Cutwater Asset Management is a client-focused and solutions-based investment advisor focused exclusively on fixed income investments. With $22 billion in assets under management, Cutwater Asset Management ranks among the world's largest fixed-income only asset managers. Cutwater's model combines world-class investment expertise and risk management capabilities with exceptional client service, in-depth consultation, and extensive interaction between clients and the investment team. |
Sell | - |
