---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-083286"
form_type: "8-K"
ticker: null
cik: "0001363829"
company_name: "Enstar Group LTD"
filed_at: "2024-07-29T23:59:59+00:00"
generated_at: "2026-05-31T15:40:19.797145+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Enstar Group to be acquired by Sixth Street for $338 per share in all-cash deal

## Summary
- Ordinary shareholders receive $338/share in cash; reinvesting shareholders can roll equity.
- $500 million of the purchase price sourced from Enstar's balance sheet.
- 35-day go-shop period allows Enstar to solicit superior proposals; $145M termination fee.
- Preferred shares (Series C, D, E) convert into equivalent preferred shares of the surviving company.
- Closing requires shareholder approval, regulatory clearances (Bermuda, HSR, antitrust), and no material adverse effect.

## SEC filing metadata
- accession: 0001104659-24-083286
- form_type: 8-K
- cik: 0001363829
- company_name: Enstar Group LTD
- filed_at: 2024-07-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1363829/000110465924083286/0001104659-24-083286-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1363829/000110465924083286/tm2420342d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-083286
- JSON: https://secwatch.observer/filing/0001104659-24-083286.json
- Plain text: https://secwatch.observer/filing/0001104659-24-083286.txt

## Key facts
- Executive change
  Orla M. Gregory departed as President at Enstar Group LTD.
  - Action: will leave
  - Role: President
  source text: Orla M. Gregory, President and a member of the Company Board, will leave the Company on December 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1363829/000110465924083286/0001104659-24-083286-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.