Energy News / Shareholders Foundation, Inc.

NYSE:AHL Investor Alert: Investigation of Takeover of Aspen Insurance Holdings Limited

Via: ReleaseWire

Updated 11:45 AM CDT, Wed, September 12,2018

An investigation on behalf of investors of Aspen Insurance Holdings Limited (NYSE: AHL) in connection with the proposed takeover was announced.

San Diego, CA -- (SBWIRE) -- 09/12/2018 -- An investigation was announced concerning whether the takeover of Aspen Insurance Holdings Limited is unfair to NYSE: AHL stockholders.

Investors who purchased shares of Aspen Insurance Holdings Limited (NYSE: AHL) and currently hold any of those NYSE: AHL shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Aspen Insurance Holdings Limited breached their fiduciary duties owed to NYSE: AHL investors in connection with the proposed acquisition.

On August 28, 2018, affiliates of certain investment funds (the "Apollo Funds") managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, "Apollo") (NYSE: APO) and Aspen Insurance Holdings Limited ("Aspen") (NYSE: AHL) announced that they have entered into an agreement under which Aspen Insurance Holdings Limited (NYSE: AHL) will be acquired by the Apollo Funds. Under the terms of the agreement, the Apollo Funds will acquire all of the outstanding shares of Aspen Insurance Holdings Limited (NYSE: AHL) for $42.75 per share in cash, representing an equity value of approximately $2.6 billion.

However, given that at least one analyst has set the high price target for NYSE:AHL at $46.00 per share, the investigation concerns whether the offer is unfair to (NYSE: AHL stockholders. More specifically, the investigation concerns whether the Aspen Insurance Holdings Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

On September 11, 2018, shares of Aspen Insurance Holdings Limited (NYSE: AHL) closed at $40.90 per share.

Those who are current investors in Aspen Insurance Holdings Limited (NYSE: AHL) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nyseahl-investor-alert-investigation-of-takeover-of-aspen-insurance-holdings-limited-1047060.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com