American International Group acquires Convex
American International Group agreed to acquire Convex. Reported deal value: $7B. Status: Completed. Sector: Insurance. Target headquarters context: London, Greater London, United Kingdom.
This page summarizes publicly available information about the transaction as of 2026-02-05. Figures and status may change as filings and press coverage update.
American International Group , Inc. , Onex Corporation and management of Convex Group Limited entered into an agreement to acquire Convex Group Limited from Onex Partners V LP managed by Onex Corporation , Public Sector Pension Investment Board , management of Convex Group Limited and others for approximately $7 billion on October 30, 20 25
Deal timeline
This transaction is classified in Insurance with a reported deal value of $7B. Figures and status may change as sources update.