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Ambac Financial to Acquire ArmadaCare for $250 Million

Story Highlights
  • Ambac Financial Group to acquire ArmadaCare for $250 million from SiriusPoint Ltd.
  • The acquisition will enhance Ambac’s market position and is expected to be accretive by 2026.
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Ambac Financial to Acquire ArmadaCare for $250 Million

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The latest announcement is out from Ambac Financial ( (AMBC) ).

On September 29, 2025, Ambac Financial Group announced its agreement to acquire ArmadaCare, a leading supplemental health insurance program manager, for $250 million from SiriusPoint Ltd. This acquisition is expected to significantly enhance Ambac’s market position, accelerate its growth trajectory, and strengthen its specialty insurance distribution strategy. The transaction is anticipated to close in the fourth quarter of 2025, subject to customary closing conditions. Ambac plans to finance the acquisition through cash on hand and newly issued debt, including a $120 million commitment from Truist Bank. The acquisition is expected to be accretive to Ambac shareholders by 2026, enhancing the company’s financial profile and offering substantial revenue synergy opportunities.

The most recent analyst rating on (AMBC) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on Ambac Financial stock, see the AMBC Stock Forecast page.

Spark’s Take on AMBC Stock

According to Spark, TipRanks’ AI Analyst, AMBC is a Neutral.

Ambac Financial’s overall stock score reflects significant financial challenges, including net losses and declining revenues. While technical indicators and strategic initiatives provide some optimism, the company’s valuation and financial health remain concerning. The strategic transformation and corporate events offer potential for future improvement, but current risks are substantial.

To see Spark’s full report on AMBC stock, click here.

More about Ambac Financial

Ambac Financial Group, Inc. is an insurance holding company based in New York City, operating a diverse mix of specialty insurance underwriting and distribution businesses in the U.S. and U.K. The company’s common stock is traded on the New York Stock Exchange under the symbol ‘AMBC’.

Average Trading Volume: 810,464

Technical Sentiment Signal: Hold

Current Market Cap: $442.7M

Find detailed analytics on AMBC stock on TipRanks’ Stock Analysis page.

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