Insight and Intelligence on the London & International Insurance Markets

20 April 2018

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Enstar to listen to bids for StarStone and Atrium

Adam McNestrie 3 April 2018

Enstar and Stone Point have drafted in Evercore for advice after they received takeover approaches for live businesses StarStone and Atrium, The Insurance Insider can reveal.

Sources said that with M&A multiples flying high, the 60:40 owners have decided to run parallel restricted processes for the two assets, and will sell if their reserve prices are met.

Taken in combination with the news, broken last week by this publication, that The Hanover has put Chaucer up for sale, the twin...

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