Assured Guaranty, Bermuda-based financial guaranty insurance company, said that its subsidiary Assured Guaranty US Holdings (AGUS) has completed its previously announced $160 million acquisition of BlueMountain Capital Management and its associated entities. BlueMountain Capital Management, which is an alternative asset management company, has $18.9 billion in assets under management (AUM). As per CreditFlux CLO manager […]
Axa acquisition of XL Group : French insurance company Axa has made a mega deal of $15.3 billion to acquire Bermuda based insurance and reinsurance company XL Group to become the global leader in property and casualty (P&C) insurance. XL Group, whi…
Energy acquisition news : Brookfield Business Partners alongside its institutional partners has struck a deal to acquire bankrupt US-based nuclear power company Westinghouse Electric Company from Japanese conglomerate Toshiba Corporation for $4.6 billion. As per the deal terms, the Bermuda-based asset management company will purchase almost all of Westinghouse Electric’s global business as well as […]
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