Arch capital group ltd. to acquire watford holdings ltd.

Pembroke, bermuda--(business wire)--arch capital group ltd. (nasdaq: acgl) (“arch” or “the company”) and watford holdings ltd. (nasdaq: wtre) (“watford”) today announced they have entered into a definitive agreement under which arch will acquire all the common shares of watford in an all-cash transaction valued at approximately $622 million. following closing, which is expected to occur in the first quarter of 2021, watford will continue to operate as a standalone business and remain consolidat
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