Vinci Compass to Buy AustralRe, Launching Permanent Capital Solutions
Vinci Compass (NASDAQ:VINP) will acquire AustralRe at a valuation of 1x tangible book value, or BRL 336M. AustralRe reported BRL 93M net income for the past 12 months. The deal includes cash and stock, with Vinci expecting immediate earnings accretion. AustralRe will invest in Vinci's funds, maintaining its underwriting operations and regulatory compliance.






