Brief: Ambac Financial Provides Update On The Sale Of Its Legacy Financial Guarantee Business
07/04/2025 13:38
April 7 (Reuters) - Ambac Financial Group Inc AMBC.N: AMBAC FINANCIAL GROUP, INC. PROVIDES UPDATE ON THE SALE OF ITS LEGACY FINANCIAL GUARANTEE BUSINESS AMBAC FINANCIAL GROUP INC - MEETS PRE-CLOSING CONDITIONS FOR SALE OF UNIT TO OAKTREE AMBAC FINANCIAL GROUP INC - OAKTREE AWAITS FINAL REGULATORY APPROVAL EXPECTED IN Q2 AMBAC FINANCIAL GROUP INC - PURCHASE AGREEMENT TERM EXTENDED TO JULY 3, 2025 Source text: ID:nBwqn9TPa Further company coverage: AMBC.N ((Reuters.Briefs@thomsonreuters.com;))
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