Wednesday, Assured Guaranty Ltd. (AGO) announced that it has closed the acquisition of Financial Security Assurance Holdings Ltd. from Dexia SA, expanding its franchise in the bond insurance industry and significantly increasing its capabilities to serve issuers and investors in the municipal, public infrastructure and structured finance sectors throughout the world.
Under the terms of the agreement, the purchase price paid by Assured was about $546 million in cash and around 22.3 million common shares of Assured. Dexia will own about 13.9% of Assured's issued common shares, as a result of this transaction.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.