Assured Guaranty to Buy CIFG Holding for $450 Million in Cash

  • Company adds $5.6 billion to insured portfolio, boosts capital
  • The acquisition is the third for Assured Guaranty since 2009

A subsidiary of bond insurer Assured Guaranty Ltd. agreed to acquire CIFG Holding Inc. in a $450 million cash transaction that will add $5.6 billion to the company’s insured portfolio.

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