Sirius Group Launches Sales Process in Collaboration with its Majority Shareholder
Sweetgreen, Inc. (SG)
Company Research
Source: PR Newswire
HAMILTON, Bermuda, March 27, 2020 /PRNewswire/ -- Sirius International Insurance Group, Ltd. (Nasdaq:SG) ("Sirius Group" or the "Company") today announced it has expanded its strategic review and launched a formal process to sell the Company.The Board of Directors of Sirius Group previously engaged Barclays Capital Inc. ("Barclays") to assist in the review of the terms of a capital raise transaction as compared to other potential strategic alternatives for Sirius Group, and delegated to a committee comprised of independent directors ("Strategic Review Committee") the review of such strategic alternatives and to submit a recommendation for approval by Sirius Group's Board of Directors.After reviewing multiple expressions of interest with representatives of CM Bermuda Limited, Sirius Group's majority shareholder, the Strategic Review Committee approved the launch of a formal sales process for Sirius Group.The sales process for Sirius Group will be overseen by the Strategic Review Commit
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SG
Earnings
- 11/7/24 - Miss
SG
Sec Filings
- 11/14/24 - Form 4
- 11/13/24 - Form 144
- 11/12/24 - Form 144
- SG's page on the SEC website