Maiden Holdings to Divest Swedish Subsidiaries in All-Cash Deal

MT Newswires Live
2024-12-17

Maiden Holdings (MHLD) said Tuesday it has agreed to sell its Swedish subsidiaries, Maiden General Forsakrings and Maiden Life Forsakrings, to an unnamed London-based buyer.

The all-cash deal is subject to regulatory approval and includes the transfer of all staff and independent directors of the subsidiaries to the new ownership group, Maiden said.

Other financial terms were not disclosed.

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