Maiden Holdings (NASDAQ:MHLD) and Kestrel Group agreed to combine and form a new, publicly listed group in a transaction that will value Kestrel at up to $167.5M, the companies said on Monday.

Amber Sax’s frustration grew each time she saw a new report of a U.S. military Osprey aircraft crashing over the past two years, often taking service members down with it. Sax, the wife of Capt.