UPDATE 1-Brazil's Grupo BTG Pactual and partner sell Ariel Re for $235 mln
November 14, 2016 at 06:27 AM EST
SAO PAULO, Nov 14 (Reuters) - Brazil's Grupo BTG Pactual has agreed, along with partner Abu Dhabi Investment Council, to sell reinsurer Ariel Re to Bermuda's Argo Group International Holdings for $235 million, it said on Monday.
