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Aspen Insurance up 6% on takeover rumors

Mar. 28, 2018 2:18 PM ETAspen Insurance Holdings Limited (AHL) StockAHLBy: Omer I., SA News Editor1 Comment
  • The Insurance Insider reports Aspen Insurance (NYSE:AHL) is talking to interested parties about a sale, and is preparing a bid process.
  • Aspen has been approached from at least one strategic bidder and two private equity houses, according to the report, which says the valuation could be in the $47.50-$50 per share range.
  • Shares are up 6.2% to $45.30.

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