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Stock Market & Financial Investment News

News Breaks
November 28, 2012
14:21 EDTFSR, VRValidus Holdings receives regulatory approvals for Flagstone acquisition
Flagstone Reinsurance Holdings (FSR) announced that all regulatory approvals required for Validus Holdings, Ltd. (VR) to complete the acquisition of Flagstone have been received. As previously disclosed, the shareholders of Flagstone have approved all matters required to be approved by Flagstone's shareholders in order for Validus to acquire Flagstone. Flagstone expects that the acquisition will be completed prior to the opening of the U.S. markets on November 30, subject to the satisfaction of customary conditions to closing.
News For FSR;VR From The Last 14 Days
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February 2, 2016
16:24 EDTVRValidus increases dividend 9.4% to 35c
Validus Holdings announced that its Board of Directors has increased its quarterly dividend to 35c per common share from 32c, an increase of 3c or 9.4%. The dividend is payable on March 31 to shareholders of record on March 15.
January 28, 2016
16:35 EDTVRValidus reports Q4 adjusted EPS $1.24, consensus $1.22
Reports Q4 gross premiums written $309.6M, down from $336.6M. Reports tangible book value per diluted common share $38.63, up from $36.19. Reports combined ratio 78.3%, up from 75.6%. Reports no notable, non-notable loss events during quarter.

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