SiriusPoint Sells Arcadian Holdings Stake to Comet Bidco for $140 Million

Reuters01-31
SiriusPoint Sells Arcadian Holdings Stake to Comet Bidco for $140 Million

A subsidiary of SiriusPoint Ltd. has completed the sale of its entire equity stake in Arcadian Holdings Limited to Comet Bidco Limited, an acquisition vehicle of funds affiliated with Lee Equity Partners. The deal, originally agreed upon in October 2025, provided SiriusPoint with cash consideration of $140 million, subject to customary post-closing adjustments. The transaction closed after all customary closing conditions, including regulatory approvals, were satisfied.

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