Enstar to Repurchase Hillhouse’s Equity Stake, Buys Controlling Interest in Enhanzed Re

Bermuda-based Enstar Group Ltd. announced it has entered into an agreement to repurchase Hillhouse Capital Management’s entire remaining stake in Enstar for $879.3 million. The shares constitute 16.9% of total ordinary shares and 9.4% of voting ordinary shares. The transaction …

from News – Insurance Journal https://ift.tt/3wNJBC6

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