Brief: Argo Group Announces Agreement To Sell Ariel Re To Pelican Ventures And J.C. Flowers

Argo International Holdings

02/11/2020 12:25

Nov 2 (Reuters) - Argo Group International Holdings Ltd
 ARGO.N :
    * PRESS RELEASE - ARGO GROUP ANNOUNCES AGREEMENT TO SELL
ARIEL RE
TO PELICAN VENTURES AND J.C. FLOWERS
    * ARGO GROUP INTERNATIONAL HOLDINGS LTD - BUYING GROUP'S
CORPORATE
MEMBER WILL PROVIDE ARIEL RE'S CAPITAL FOR 2021 YEAR OF ACCOUNT
    * ARGO GROUP INTERNATIONAL HOLDINGS LTD - ARGO GROUP HAS
AGREED TO
RETAIN HISTORICAL RESERVES UNDER TERMS OF AGREEMENT

Source text for Eikon:  ID:nBw4x4Zrpa 
Further company coverage:  ARGO.N 

 ((Reuters.Briefs@thomsonreuters.com;))