acquisition completion News

Arch Capital Closes Acquisition of CMG Mortgage Insurance, PMI Operating Platform

The Bermuda-based Arch Capital Group Ltd. (ACGL) announced that its “U.S.-based subsidiaries (Arch U.S. MI) have completed the acquisition of CMG Mortgage Insurance Company (CMG MI) and the mortgage insurance operating platform of PMI Mortgage Insurance Co. (PMI). As part …

Fairfax Completes Acquisition of American Safety

American Safety Insurance Holdings, Ltd. has announced the successful completion of its previously announced acquisition by Fairfax Financial Holdings Limited. After Fairfax increased its offer, American Safety shareholders will receive $30.25 in cash for each common share they owned as …