Sixth Street closes $5.1 billion acquisition of Enstar

Reuters
2025.07.02 15:35
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Sixth Street has finalized its acquisition of Enstar Group Limited for $5.1 billion, paying $338.00 per share. Following this deal, Enstar will transition to a private company, withdrawing its shares from Nasdaq. The acquisition was approved by shareholders on November 6, 2024, and Enstar will continue to operate under its name. CEO Dominic Silvester emphasized the significance of this transition, aiming to enhance their position in the global (re) insurance market.