Arch Insurance North America Receives Regulatory Approval For Acquisition Of The U.S. MidCorp And Entertainment Businesses Of Allianz; Expect To Close The Transaction On August 1, 2024
Author: Benzinga Newsdesk | July 22, 2024 08:31am
Arch Insurance North America (Arch Insurance), part of Arch Capital Group Ltd. (NASDAQ:ACGL), today announced that regulatory approval has been obtained for its previously announced acquisition of the U.S. MidCorp and Entertainment insurance businesses of Allianz. Both parties expect to close the transaction on August 1, 2024, subject to customary closing conditions.
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