MHLD — Expected Closing of Business Combination with Kestrel Group LLC
Jun 1, 2025, 12:00:00 AM UTC
Summary
Maiden Holdings, Ltd. is preparing for the expected closing of its business combination with Kestrel Group LLC, following shareholder approvals obtained at a special meeting held on April 29, 2025. The merger is part of a Combination Agreement dated December 29, 2024, under which both Maiden and Kestrel will become wholly owned subsidiaries of a newly established Bermuda entity, named Bermuda NewCo, which will later be renamed Kestrel Group Ltd. The deal is pending regulatory approvals and is anticipated to close in the second quarter of 2025. The merger aims to strategically align Maiden's operations with Kestrel for enhanced growth opportunities, with Bermuda NewCo's shares expected to trade on the Nasdaq under the symbol "KG".
Company
MAIDEN HOLDINGS LTD (MHLD)NASDAQ — Financial Services: Finance Insurance And Real Estate, Insurance - Reinsurance: Fire Marine & Casualty Insurance
www.maiden.bmSimilar Events
Expected Closing of Business Combination
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Merger Closing