Radian Group Inc completed its acquisition of Inigo Limited on 2026-02-02, according to the Form 8-K Radian Group Inc filed with the SEC on 2026-02-03. The filing states a price of $1.67 billion.
| Acquirer | Radian Group Inc |
|---|---|
| Acquired | Inigo Limited |
| Completed | 2026-02-02 |
| Price stated in the filing | $1.67 billion |
| Reported by | Radian Group Inc (RDN), the buyer |
| Filing | Form 8-K, filed 2026-02-03 |
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What the filing says
On February 2, 2026, Radian Group Inc., a Delaware corporation (the " Company "), and Radian US Holdings Inc., a Delaware corporation and wholly-owned subsidiary of the Company (" Radian US "), completed the previously announced acquisition of all of the shares (the " Shares ") of Inigo Limited, a limited liability company incorporated in England and Wales (" Inigo " and, together with its subsidiaries, " Inigo Group ") by Radian US from the Sellers (as defined below) pursuant to that certain share purchase deed (the " Share Purchase Deed "), dated as of September 18, 2025, by and among the Company, Radian US, the A Share Sellers (as defined therein), the B Share Management Sellers (as defined therein) and Zedra Trust Company (Guernsey) Limited, a company incorporated in Guernsey, acting in its capacity as trustee of the employee benefit trust and nominee for each B Share Management Sell
The price, in the filing's words
At the closing of the sale and purchase of the Shares in accordance with the Share Purchase Deed (the " Closing "), Radian US acquired the Shares for aggregate consideration net of certain adjustments of $1.67 billion (the " Purchase Price "), which remains subject to potential post-Closing adjustments, based on the tangible net asset value as calculated under the Share Purchase Deed in respect of the Inigo Group as of December 31, 2025 (the " Measurement Date ", and such amount being the " Closing TNAV ").
More from the filing
On February 2, 2026, Radian Group Inc., a Delaware corporation (the " Company "), and Radian US Holdings Inc., a Delaware corporation and wholly-owned subsidiary of the Company (" Radian US "), completed the previously announced acquisition of all of the shares (the " Shares ") of Inigo Limited, a limited liability company incorporated in England and Wales (" Inigo " and, together with its subsidiaries, " Inigo Group ") by Radian US from the Sellers (as defined below) pursuant to that certain share purchase deed (the " Share Purchase Deed "), dated as of September 18, 2025, by and among the Co
Because the Closing TNAV was estimated in the aggregate to be greater than $1.183 billion as of the Measurement Date, as contemplated in the Share Purchase Deed, Inigo declared and paid a cash dividend to the A Share Sellers payable out of Inigo's cash assets in an amount equal to the difference between $1.183 billion and the Closing TNAV.
To align interests with the Company going forward, at the Closing, certain of the B Share Management Sellers were issued shares of the Company's common stock, par value $0.001 per share (the " Common Stock Consideration "), in lieu of cash as part of the consideration they received (between 15% and 25% of their total gross consideration at the Closing).
Quoted from Radian Group Inc's Form 8-K.
This is the only completed acquisition Radian Group Inc reported under Item 2.01 in the last twelve months.
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Get the free SnapshotWhere this comes from
A public company must file a current report on Form 8-K with the SEC within four business days of completing a significant acquisition or disposition of assets, under Item 2.01 of the report. The acquired company sometimes files one too, when the deal makes it a subsidiary of the buyer.
Every fact on this page is taken from one of those filings and linked to it: which company acquired which, the date the filing gives for completion, and the price when the filing states one in dollars, shown next to the sentence that states it. A filing states what was bought and on what terms; it rarely states why, and neither does this page.
