Ambac Financial Group, Inc. Provides Update on the Sale of Its Legacy Financial Guarantee Business
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) reports that it has met all of its necessary pre-closing conditions under the purchase agreement for the sale of Ambac Assurance Corporation (“AAC”) and Ambac UK (“AUK”) to funds managed by Oaktree Capital Management, L.P. (“Oaktree”). Oaktree continues to pursue the final outstanding regulatory approval, which is expected to be received in the second quarter. As a result, consistent with the terms of the purchase agreement, the term of the purchase agreement has been automatically extended from April 4, 2025, to July 3, 2025.“The regulatory review process between Oaktree and the regulator continues to progress,” Ambac President and Chief Executive Officer Claude LeBlanc said. “Ambac is prepared to close the sale as soon as possible upon receipt of the final outstanding regulatory approval.”About AmbacAmbac Financial Group, Inc. (“Ambac”) is an insurance holding company headquartered in New York City. Am
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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
- 12/17/25 - Form 3
- 11/14/25 - Form 4
- 11/10/25 - Form 8-K
- AMBC's page on the SEC website