Other articles of interest
Recent news:
Costa renewal terms propose 50% price increase
Stone Point leads $60+ a share Flowers and Enstar cash bid for Transatlantic
18 November 2011
Private equity firm Stone Point Capital is at the head of the consortium to buy Transatlantic Holdings that also includes JC Flowers and Enstar, The Insurance Insider can reveal.
According to sources, the consortium has made an all cash bid for the US reinsurer in excess of $60 a share, which would put it ahead of the recently improved cash and stock offer from rival Validus.
A bid in excess of $60 a share also represents a premium of more...
You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.
Purchase
Follow us:
