Debevoise-Led Ambac Unveils 2 Deals Totaling $702M
By Jade Martinez-Pogue ( June 6, 2024, 12:13 AM BST) -- Debevoise & Plimpton LLP-led Ambac Financial Group on Wednesday announced two deals totaling $702 million, as the insurance holding company said it agreed to sell its financial guarantee business for $420 million in cash and separately announced that it will purchase a majority stake in Beat Capital Partners for roughly $282 million....
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