ARGO GROUP INTERNATIONAL HOLDINGS, LTD. FILES (8-K) Disclosing Completion of Acquisition or Disposition of Assets, Other Events, Financial Statements and Exhibits
Item 2.01. Completion of Acquisition or Disposition of Assets
On
wholly-owned subsidiary of
"Company"), completed the previously announced sale of the entire issued share
capital of
consummated pursuant to the previously disclosed Sale and Purchase Agreement
(the "SPA"), dated as of
Insurance Company
companies, as amended by that certain Deed of Amendment, dated
The foregoing description of the SPA and Deed of Amendment in this Item 2.01
does not purport to be complete and is subject to and qualified in its entirety
by reference to the SPA, a copy of which was filed as Exhibit 10.2 to the
Company's Quarterly Report on Form 10-Q for the period ended
filed with the
2022
of which will be filed as an exhibit to the Company's Annual Report on Form 10-K
for the fiscal year ended
Exchange Commission
At the closing of the AUA Sale, AIHL received cash proceeds of approximately
escrow by Ohio Farmers related to certain reinsurance-related recoverables,
which may be released to AIHL over a period of two years following the closing.
At the end of the two-year escrow period, any remaining balance of the
Item 8.01. Other Events.
On
completion of the AUA Sale. A copy of the press release is filed as Exhibit 99.1
to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits 99.1 Press Release issued byArgo Group International Holdings, Ltd. , datedFebruary 2, 2023 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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