Hannover Re completes Argenta acquisition

Hannover Re today confirmed it has finalised its takeover of
Argenta Holdings.
Argenta Holdings owns Argenta Syndicate Management and Argenta
Private Capital, along with a pro rata share in Syndicate 2121.
Hannover Re said the deal, agreed in March, was completed on 20
July.
The deal consideration was undisclosed, but Scottish newspaper
The Herald reported in March that Hannover Repaid £142.5mn ($177.5mn) for Argenta, netting founder
Alasdair Locke a £64mn payout.
A statement from th