Mount Logan Capital Inc. and 180 Degree Capital Corp. Announce Agreement to Combine in All-Stock, Transformative Transaction Establishing a US Exchange-Listed, Alternative Asset Management and Insurance Solutions Platform with Over $2.4 Billion in Assets Under Management
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Mount Logan Capital Inc. and 180 Degree Capital Corp. have announced an all-stock merger to create a US-listed alternative asset management and insurance platform with over $2.4 billion in assets under management. This merger aims to leverage 180 Degree Capital's expertise in public markets to expand Mount Logan's private credit solutions.
January 17, 2025 | 11:15 am
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180 Degree Capital Corp. is merging with Mount Logan Capital to form a US-listed platform with $2.4 billion in assets. This merger is expected to enhance TURN's market presence and expand its investment capabilities.
The merger is a significant strategic move for TURN, as it combines resources with Mount Logan Capital to create a larger platform. This is likely to enhance TURN's market presence and investment capabilities, positively impacting its stock price.
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