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AmTrust to acquire ANV for $218.7m

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AmTrust has announced it will buy ANV Holdings for $218.7m (£151m) in what it describes as a “transformative transaction” for the company.

AmTrust said that ANV's Lloyd's presence, combined with its own, would create a greater footprint in the market for the business.

Barry Zyskind, president and CEO of AmTrust Financial Services, said:

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