Argo Group

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ARGO, AQUA, ISO, SAL

Retrieved on: 
Friday, February 17, 2023

If you are an Argo shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an Argo shareholder, click here to learn more about your rights and options .
  • Evoqua Water Technologies Corp. (NYSE: AQUA)’s sale to Xylem Inc. for 0.480 shares of Xylem for each Evoqua share.
  • If you are an Evoqua shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

ALERT: The M&A Class Action Firm Continues Investigating the Merger – ATCX, OSH, ARGO, SAL

Retrieved on: 
Wednesday, February 15, 2023

Under the terms of the agreement, ATCX shareholders are expected to receive $12.25 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, ATCX shareholders are expected to receive $12.25 in cash per share they own.
  • Under the terms of the agreement, OSH shareholders are expected to receive $39.00 in cash per share they own.
  • Salisbury Bancorp, Inc. (Nasdaq: SAL ), relating to its proposed merger NBT Bancorp, Inc.
  • Under the terms of the merger, SAL shareholders will receive 0.745 shares of NBT per share they own.

Argo Group Announces J. Daniel Plants to Step Down from Board of Directors

Retrieved on: 
Monday, February 13, 2023

Argo Group International Holdings, Ltd. (NYSE: ARGO) (“Argo”) today announced that J. Daniel Plants, a member of the Argo Board of Directors (the “Board”) and Chairman of its Strategic Review Committee, has notified the company of his intention to step down from the Board, effective immediately.

Key Points: 
  • Argo Group International Holdings, Ltd. (NYSE: ARGO) (“Argo”) today announced that J. Daniel Plants, a member of the Argo Board of Directors (the “Board”) and Chairman of its Strategic Review Committee, has notified the company of his intention to step down from the Board, effective immediately.
  • Mr. Plants is Founder and Chief Investment Officer of Voce Capital Management LLC (“Voce”), Argo’s largest shareholder.
  • He was appointed to the Board on August 4, 2022.
  • On February 8, 2023, Argo announced that it entered into a definitive merger agreement whereby Brookfield Reinsurance will acquire Argo in an all-cash transaction valued at $30.00 per common share.

ARGO GROUP INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Argo Group International Holdings, Ltd. - ARGO

Retrieved on: 
Friday, February 10, 2023

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Argo Group International Holdings, Ltd. (NYSE: ARGO) to Brookfield Reinsurance Ltd. (NYSE: BNRE).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Argo Group International Holdings, Ltd. (NYSE: ARGO) to Brookfield Reinsurance Ltd. (NYSE: BNRE).
  • Under the terms of the proposed transaction, shareholders of Argo will receive $30.00 in cash for each share of Argo that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

ARGO Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Argo Group International Holdings, Ltd. Is Fair to Shareholders

Retrieved on: 
Wednesday, February 8, 2023

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Argo Group International Holdings, Ltd. (NYSE: ARGO) to Brookfield Reinsurance for $30.00 per share in cash is fair to Argo shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Argo Group International Holdings, Ltd. (NYSE: ARGO) to Brookfield Reinsurance for $30.00 per share in cash is fair to Argo shareholders.
  • On behalf of Argo shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Argo Group Announces Closing of Lloyd’s Syndicate 1200 Transaction

Retrieved on: 
Thursday, February 2, 2023

Argo Group International Holdings, Ltd. (NYSE: ARGO) (“Argo”) today announced the completion of its previously announced sale of Argo Underwriting Agency Limited and its Lloyd’s Syndicate 1200 to Westfield.

Key Points: 
  • Argo Group International Holdings, Ltd. (NYSE: ARGO) (“Argo”) today announced the completion of its previously announced sale of Argo Underwriting Agency Limited and its Lloyd’s Syndicate 1200 to Westfield.
  • “We are pleased to complete this transaction,” said Thomas A. Bradley, Argo’s executive chairman and chief executive officer.
  • “We thank our Lloyd’s team members for their work and dedication to our business over the years, and we are confident they will have a bright future ahead with Westfield.”
    Goldman Sachs & Co. LLC served as financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP served as legal counsel to Argo.

Westfield Completes Acquisition of Lloyd’s of London Syndicate 1200

Retrieved on: 
Thursday, February 2, 2023

Westfield today announces the completion of its acquisition of Lloyd’s of London Syndicate 1200 from Argo Group International Holdings Ltd. (NYSE: ARGO).

Key Points: 
  • Westfield today announces the completion of its acquisition of Lloyd’s of London Syndicate 1200 from Argo Group International Holdings Ltd. (NYSE: ARGO).
  • “This acquisition demonstrates Westfield’s commitment to the international specialty market,” says Westfield President, CEO and Board Chair Ed Largent.
  • Together with Graham Evans, Westfield Specialty Executive Vice President and Head of International Insurance, they will build on the existing strength of Syndicate 1200 and create an underwriting-focused, market-leading Lloyd’s business as a core part of Westfield Specialty.
  • “The Syndicate 1200 team has created a successful business, and we are ready to build on their momentum as part of Westfield Specialty,” says Evans.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates OSH, ARGO, CSII

Retrieved on: 
Friday, February 10, 2023

If you are an Oak Street shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an Oak Street shareholder, click here to learn more about your rights and options .
  • If you are an Argo shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

ARGO Alert: Monsey Law Firm of Wohl & Fruchter LLP Investigating Sale of Argo Group International to Brookfield Reinsurance

Retrieved on: 
Wednesday, February 8, 2023

NEW YORK, Feb. 08, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of Argo Group International Holdings, Ltd. (NYSE: ARGO) (“Argo”) acted in the best interests of Argo shareholders in approving the sale of Argo to Brookfield Reinsurance (“Brookfield”) for $30.00 per share in cash.

Key Points: 
  • NEW YORK, Feb. 08, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of Argo Group International Holdings, Ltd. (NYSE: ARGO) (“Argo”) acted in the best interests of Argo shareholders in approving the sale of Argo to Brookfield Reinsurance (“Brookfield”) for $30.00 per share in cash.
  • On February 8, 2023, Argo announced that it had agreed to be acquired by Brookfield for $30.00 per share in cash.
  • The agreement has been approved by the Argo board of directors (“Board”).
  • “Our investigation concerns whether Argo’s Board acted in the best interests of Argo shareholders in approving the sale,” explained Joshua Fruchter, one of the firm’s name partners.

Brookfield Reinsurance to Acquire Argo in $1.1 Billion Transaction

Retrieved on: 
Wednesday, February 8, 2023

BROOKFIELD, NEWS, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX:BNRE) and Argo Group International Holdings, Ltd. (“Argo”) (NYSE: ARGO) today announced they have entered into a definitive merger agreement whereby Brookfield Reinsurance will acquire Argo in an all-cash transaction valued at approximately $1.1 billion.

Key Points: 
  • BROOKFIELD, NEWS, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX:BNRE) and Argo Group International Holdings, Ltd. (“Argo”) (NYSE: ARGO) today announced they have entered into a definitive merger agreement whereby Brookfield Reinsurance will acquire Argo in an all-cash transaction valued at approximately $1.1 billion.
  • Sachin Shah, Chief Executive Officer of Brookfield Reinsurance, said, “The acquisition of Argo represents another milestone in the continued expansion of our insurance solutions business.
  • Under the terms of the merger agreement, Argo has agreed to suspend the payment of dividends on its common shares through the closing of the transaction.
  • Debevoise & Plimpton LLP is serving as legal advisor to Brookfield Reinsurance on this transaction.