M&A
confidence high
sentiment neutral
materiality 0.60
Arch Insurance obtains regulatory OK for Allianz U.S. MidCorp/Entertainment buy
ARCH CAPITAL GROUP LTD.
- Regulatory approval secured for acquisition of Allianz's U.S. MidCorp and Entertainment insurance businesses.
- Transaction expected to close on August 1, 2024, subject to customary closing conditions.
- No financial terms or purchase price disclosed in the announcement.