Carlson Capital brings stake in Barbican to over 90%
Carlson Capital has increased its stake in Barbican, and now owns over 90% of the company.
Carlson bought out Steel Partners II, and in the process became the company’s controlling shareholder.
David Reeves, CEO of Barbican, said: “We are pleased to have Carlson as Barbican’s sole institutional sponsor and believe this transaction demonstrates Carlson’s long‐term confidence in our business and future prospects.
“Over the past year we have significantly strengthened Barbican’s core underwriting business and believe the company is well positioned to continue to deliver effective
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