டெட் கோல்தோர்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from டெட் கோல்தோர்ப். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In டெட் கோல்தோர்ப் Today - Breaking & Trending Today

Mount Logan Capital Inc. Announces Agreement to Acquire Ability Insurance Company


Share:
TORONTO, May 19, 2021 (GLOBE NEWSWIRE) Mount Logan Capital Inc. (NEO: MLC) ( Mount Logan, our, we, or the Company ) announces that it has entered into a non-binding agreement (the Purchase Agreement ) for the acquisition of 100% of the equity of Ability Insurance Company ( Ability ) for a purchase price of $20 million (the Purchase Consideration ) to be satisfied through the issuance of an unsecured promissory note in the amount of $15 million and $5 million of common shares of Mount Logan (the Transaction ). Mount Logan s wholly-owned subsidiary, Mount Logan Management LLC ( ML Management ) is proposed to manage a meaningful portion of Ability s assets, significantly increasing ML Management s assets under management ( AUM ). ....

United States , Mount Logan , Ted Goldthorpe , Jason Roos , Mount Logan Capital Inc , Advantage Capital Holdings , Nebraska Department Of Insurance , Company Of Ability , Neo Exchange Inc , Mount Logan Management Llc Ml , Ability Insurance Company , Logan Capital , Mount Logan Management , Purchase Consideration , Nebraska Department , Neo Exchange , Risk Based Capital Ratio , Chief Executive Officer , North American , Purchase Agreement , ஒன்றுபட்டது மாநிலங்களில் , ஏற்ற லோகன் , டெட் கோல்தோர்ப் , ஜேசன் ரூஸ் , ஏற்ற லோகன் மூலதனம் இன்க் , நெப்ராஸ்கா துறை ஆஃப் காப்பீடு ,

Mount Logan Capital Inc. Enters into a Definitive Agreement Related to the Management Contract of U.S. Business Development Company All amounts are stated in United States dollars, unless otherwise indicated.


Article content
TORONTO, April 21, 2021 (GLOBE NEWSWIRE) Mount Logan Capital Inc. (NEO: MLC) (“Mount Logan,” “MLC,” “our,” “we,” or the “Company”) announces that it and its wholly-owned subsidiary, Mount Logan Management LLC (“ML Management”), have entered into a definitive agreement (the “Agreement”) for the acquisition by ML Management of certain assets from Capitala Investment Advisors, LLC (“CIA”) and whereby ML Management will become the investment adviser of Capitala Finance Corp. (“Capitala”). Capitala is a U.S. publicly traded business development company (“BDC”) traded under NASDAQ:CPTA with approximately $328 million of total assets as of December 31, 2020. Capitala primarily invests in first lien loans and, to a lesser extent, second lien loans and equity securities issued by U.S. middle market companies. ....

United States , Mount Logan , Ted Goldthorpe , Jason Roos , Mount Logan Capital Inc , Capitala Finance Corp , Company Of Capitala , Mount Logan Management Llc Ml , Capitala Investment Advisors , Mount Logan Capital , Mount Logan Management , Capitala Finance , Chief Executive Officer , Logan Capital , North American , Closing Date , ஒன்றுபட்டது மாநிலங்களில் , ஏற்ற லோகன் , டெட் கோல்தோர்ப் , ஜேசன் ரூஸ் , ஏற்ற லோகன் மூலதனம் இன்க் , ஏற்ற லோகன் மேலாண்மை லல்க் மில்லி , ஏற்ற லோகன் மூலதனம் , ஏற்ற லோகன் மேலாண்மை , தலைமை நிர்வாகி அதிகாரி , லோகன் மூலதனம் ,