Sompo to Acquire Aspen for $3.5 Billion
Businesswireยท2025-08-27 12:15
All outstanding Class A ordinary shares of Aspen to be redeemed for cash and delisted from NYSE; Aspen preference shares to remain outstanding Further diversifies Sompo's portfolio geographically in high-growth international markets Key Transaction Benefits Strengthens underwriting expertise and presence in core specialty insurance and reinsurance lines Provides access to significant fee-based income through leading capital markets platform Transaction expected to be immediately accretive to ROE post-closin ...