Brief: Maiden Holdings Announces Sale Of European Automotive Group To Allianz Partners

Kestrel

16/01/2019 21:22

Maiden Holdings Ltd  MHLD.O :
    * MAIDEN HOLDINGS ANNOUNCES SALE OF EUROPEAN AUTOMOTIVE
GROUP TO
ALLIANZ PARTNERS
    * MAIDEN HOLDINGS LTD - ALL OF MAIDEN'S AVS EMPLOYEES HAVE
JOINED
ALLIANZ AND COMPANY NAME WILL REMAIN UNCHANGED.
    * MAIDEN HOLDINGS - PROCEEDS FROM SALE INCLUDE AN
UNDISCLOSED CASH
PAYMENT AT CLOSING AND A THREE-YEAR QUOTA SHARE REINSURANCE
AGREEMENT WITH ALLIANZ

Source text for Eikon:  ID:nGNX4HRz06 
Further company coverage:  MHLD.O