Enstar Acquisitions Ltd., a wholly owned subsidiary of Enstar Group Ltd., (ESGR), announced that the offer for Goshawk Insurance Holdings (GOS.L) was declared unconditional in all respects.
Enstar Acquisitions said that it satisfied the only condition of the Mandatory cash offer of 5.2 pence for Goshawk. On July 17, Enstar Acquisitions announced the terms of the mandatory cash offer for the entire issued ordinary share capital of Goshawk. The only condition attached to the mandatory cash offer was for Enstar Acquisitions to have acquired or have received valid acceptances over Goshawk Shares carrying more than 50% of the voting rights.
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