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Canada Pension Plan Investment Board to Acquire Stake in Enstar from First Reserve
HAMILTON, Bermuda, May 29, 2015 (GLOBE NEWSWIRE) -- Enstar Group Limited ("Enstar") (Nasdaq:ESGR) announced today that Canada Pension Plan Investment Board ("CPPIB") has entered into an agreement to acquire approximately 1.9 million voting and non-voting ordinary shares of Enstar from private equity firm First Reserve. The shares represent an economic ownership interest in Enstar of approximately 9.9%. The transaction is expected to be completed next week...
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