Bermuda-based Argo Group International Holdings, Ltd. said it has “effectively completed” its deal to acquire Heritage Underwriting Agency plc, after meeting all the conditions of a transaction first announced in early April.

Argo said today that all conditions have been satisfied or waived.

Specifically, Argo said it has received valid acceptances of the offer with respect to 62,960,189 Heritage shares and that Argo has acquired 7,691,703 Heritage shares. In the aggregate, these share totals together represent roughly 90 percent of the existing issued ordinary share capital of Heritage.

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