Octave Specialty Group' Everspan Subsidiary Inks Agreement To Sell Its Redundant Admitted Shell Company Providence Washington Insurance Company To Falvey Insurance Group; Financial Terms Undisclosed
Everspan Group ("Everspan"), a specialty property and casualty insurance platform and wholly owned subsidiary of Octave Specialty Group, Inc. (NYSE: OSG), has signed a definitive agreement to sell its redundant
Octave's insurance subsidiary is selling a company it no longer needs. This frees up money and focus for the main business to use elsewhere.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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