Assured Guaranty to Buy CIFG Holding for $450 Million in Cash
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Company adds $5.6 billion to insured portfolio, boosts capital
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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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