The latest update is out from Blue Owl Capital (OWL).
Blue Owl Capital Inc. completed its acquisition of Kuvare Insurance Services, issuing over 23.5 million shares valued at $425 million based on recent average prices. The shares are subject to a six-month lock-up period, with the company also agreeing to register these for resale under securities law. Alongside the acquisition news, Blue Owl highlighted forward-looking statements, emphasizing that actual results could differ due to various risks and uncertainties, including the timely closing of the acquisition and the realization of its anticipated benefits.
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