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Tawa takes 51% stake in US business
![usa flag usa flag](/sites/default/files/styles/landscape_750_463/public/import/IMG/662/108662/usaflag-580x358.jpg.webp?itok=qpcriMJv)
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- Mairi MacDonald
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Indicative reading time: 1 minute
Tawa has entered into a definitive agreement to acquire a 51% stake in newly formed US holding company LGIC Holdings for $1.
Subject to regulatory approval, LGIC will acquire a majority of Walshire General Assurance Company, the sole shareholder of Lincoln General Insurance Company.
The other investor in LGIC will be
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