Arch Capital to Acquire Watford Holdings for $622 Million

Arch Capital Group Ltd. (ACGL) announced on October 9 that it entered an agreement to acquire Watford Holdings Ltd. (WTRE). Watford’s shareholders will receive $31.10 per share in an all-cash transaction worth $622 million. Arch Capital announced that the transaction is expected to close in early 2021 and that Watford will continue to operate as a standalone business.


Sonal detected the event and alerted subscribers at 8:30 am. Watford last traded at 4:18 pm the previous day for $30. The stock price spiked above $32 following the announcement, and the gains continued over the next five trading sessions. Watford closed at $35.44 on October 15 for a gain of 18%.


Find out more about how you can trade on stock merger and acquisition announcements in the Knowledge Center.

To see the latest weekly webinar, you can visit our Live Webinar page.

Subscribe here if you would like to start receiving these signals in real-time and start trading!