Aspen buys out original investor Candover for $100m
Aspen, the international specialty (re)insurer, has bought out Candover Partners, one of its original investors, for $100m as part of its $300m share buyback program.
Aspen said today that it bought back 4.1m shares from the private equity player totally $100m.
And in a separate transaction, Aspen also announced that Candover has agreed to sell approximately 2m
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