Watford to mull 'superior proposal' from Enstar in potential merger U-turn
20-10-2020
Enstar slams Arch-Watford Re deal; proposes higher takeover bid
16-10-2020
Re/insurer Arch Capital Group has agreed a revised deal with Watford Holdings to acquire the reinsurer for an increased price of $35 per share, valuing at approximately $700 million, having gained the support of key shareholder and rival bidder Enstar, and additional backing from private equity houses Warburg Pincus and Kelso.
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Arch Capital, Watford Holdings, Acquisition, Reinsurance, Enstar, Warburg Pincus, Kelso, Bermuda, North America
