December 23, 2014 / 1:55 PM / 5 years ago

Radian to sell financial guaranty business to Assured Guaranty

Dec 23 (Reuters) - U.S. private mortgage insurer Radian Group Inc said it would sell its financial guaranty insurance unit to Assured Guaranty Ltd for $810 million.

Radian said it expects to complete the sale of the unit, Radian Asset Assurance Inc, in the first half of 2015. (Reporting by Neha Dimri in Bengaluru; Editing by Saumyadeb Chakrabarty)

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