Ambac Financial Group Completes Sale of Its Legacy Financial Guarantee Businesses to Oaktree
Ambac Financial Group, Inc. (AMBC)
US:NASDAQ Investor Relations:
ir.ambac.com/investor-relations
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (“Ambac”) (NYSE: AMBC), an insurance holding company, today announced it has completed the sale of its legacy financial guarantee businesses, Ambac Assurance Corporation and Ambac Assurance UK Limited, to funds managed by Oaktree Capital Management, L.P. (“Oaktree”) for $420 million in cash. This follows the Wisconsin Office of the Commissioner of Insurance (OCI) issuing its final decision to approve the Form A application for the sale of Ambac Assurance Corporation earlier today.“Today’s announcement represents the completion of our strategic transformation into a pure-play MGA and specialty insurance platform,” said Ambac President and Chief Executive Officer Claude LeBlanc. “This transaction marks a defining moment in our Company’s history, enabling us to focus exclusively on long-term growth and value creation while building on the solid foundation we’ve established since the launch of our specialty insurance business in 2
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AMBC
News
- Ambac Financial Group (NYSE:AMBC) had its price target raised by analysts at Truist Financial Corporation from $10.00 to $15.00. They now have a "buy" rating on the stock.MarketBeat
- Ambac Financial Group (NYSE:AMBC) had its "sell (d)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Ambac (AMBC) Q3 2025 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Ambac Financial Group Rebrands as Octave Specialty Group, Inc. [Yahoo! Finance]Yahoo! Finance
- Ambac Financial Group Rebrands as Octave Specialty Group, Inc.Business Wire
AMBC
Earnings
- 11/10/25 - Beat
AMBC
Sec Filings
- 11/14/25 - Form 4
- 11/10/25 - Form 8-K
- 11/10/25 - Form 10-Q
- AMBC's page on the SEC website