Enstar Shareholders Overwhelmingly Approve Sixth Street Acquisition
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Enstar Group Limited (Nasdaq: ESGR) has received shareholder approval for its acquisition by Sixth Street, with participation from Liberty Strategic Capital and J.C. Flowers & Co. LLC. The deal is expected to close in mid-2025, pending regulatory approvals.
November 06, 2024 | 9:45 pm
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Enstar Group Limited has received shareholder approval for its acquisition by Sixth Street. The transaction is expected to close in mid-2025, subject to regulatory approvals.
The approval of the acquisition by shareholders is a significant step forward for Enstar Group. The transaction, involving major investors, is expected to close in mid-2025, which could positively impact ESGR's stock price in anticipation of the merger's benefits.
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IMPORTANCE 90
RELEVANCE 100