Allied World to Pay $222.6 Million to Buy Shares From Founding Shareholders

Allied World Assurance Co. Holdings Ltd. said it’s paying $222.6 million to buy the remaining shares still held by one of the company’s founders. Allied World said it’s agreed to repurchase the remainder of its securities held by GS Capital Partners and other investment funds, which are affiliates of the Goldman Sachs Group Inc. and founding shareholders of Allied World.

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