(Reuters) – Investment firm Sixth Street will acquire Enstar in a deal valued at $5.1 billion, the insurer said on Monday.
Liberty Strategic Capital, J.C. Flowers and other institutional investors have also agreed to participate in the deal, Enstar said.
Enstar shareholders will receive $338 per share in cash and the deal is expected to close in mid-2025.
(Reporting by Niket Nishant in Bengaluru; Editing by Shilpi Majumdar)
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