US-listed 'run off' reinsurance company Enstar Group Ltd has finally confirmed little old Betaville's UNCOOKED alert from earlier this month about the company being a 'takeover target'.
Tuesday, 22 November 2016 6:59 pmHowever, little old Betaville has been told that Fenchurch is back working on the deal and J.C Flowers & Co is now one of the frontrunners in the sale process. One banker thought J.C. Flowers & Co was close to sealing a deal that would value UK General, whose chairman is Baron Carter of Coles, at around £150 million.
