Tiptree expects to close $1.65B Fortegra sale to DB Insurance on May 29, 2026

TIPTREE INC.

Purchase price of $1.65 billion in cash for Fortegra, subject to customary adjustments.
Merger expected to close on May 29, 2026, pending satisfaction of remaining customary conditions.
Fortegra to become wholly owned subsidiary of DB Insurance Co., Ltd. after close.
Tiptree previously disclosed the Merger Agreement on September 26, 2025.

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