Ambac to acquire health care program manager after shedding legacy guarantee businesses (AMBC:NYSE)
Seeking Alpha·2025-09-30 19:47Ambac Financial Group (NYSE:AMBC) agreed to acquire Armada Care, a supplemental health insurance program manager, from SiriusPoint (SPNT) for $250M, as it completed the sale of its legacy financial guarantee business. The insurance holding company closed on the sale of ...