Deal Overview

Buyer Argonaut Group, Inc.
Target Renewal rights & assets of Interstate Ins Grp
Deal Type Insurance Company Asset
Insurance Sector Property & Casualty
Agreement Date 03/28/2005
Announcement Date 03/28/2005
Announced Deal Value ($M) NA
Status Completed
Completion Date 03/28/2005

Deal Terms

The terms of the deal were not disclosed.

Percent Acquired (%) NA
Accounting Method Purchase
Merger of Equals No
Estimated Cost Savings (%) NA
Estimated Cost Savings ($000) NA
Est. Restructuring Charges ($000) NA

Deal Advisors

Financial Advisors
Party Advised Firm Name
Buyer NA
Seller Cochran Caronia Waller LLC
Legal Counsel
Party Advised Firm Name
Buyer NA
Seller NA

International underwriter of specialty insurance and reinsurance products in areas of the property and casualty market.

Default Title

Default Copy