Arch seals $700m Watford deal with rival bidder Enstar's backing


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.

Arch Capital, Watford Holdings, Acquisition, Reinsurance, Enstar, Warburg Pincus, Kelso, Bermuda, North America

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