Alignvest to Acquire Sagicor (12/18/18)

Alignvest Acquisition II Corporation, a special purpose acquisition corporation, and Sagicor Financial Corporation Limited are pleased to announce that they have entered into an arrangement agreement to effect a business merger. Sagicor is the market-leading provider of insurance products and related financial services in the Caribbean region and has a growing presence as a provider of life insurance products in the United States. Sagicor has over 175 years of history in the region and is the second oldest insurer in the Americas. Subject to regulatory approval, the merger is expected to close in 2020. Read more here.