Edition:
India

Madison Dearborn Partners And Enstar Group Enter Into Agreements With Evergreen Parent L.P.


Wednesday, 25 Jul 2018 

July 24 (Reuters) - AmTrust Financial Services Inc ::MADISON DEARBORN PARTNERS AND ENSTAR GROUP LIMITED ENTER INTO AGREEMENTS WITH EVERGREEN PARENT L.P. TO PARTICIPATE IN PORTION OF EQUITY FINANCING FOR TAKE-PRIVATE TRANSACTION OF AMTRUST FINANCIAL SERVICES.EVERGREEN PARENT - EACH OF MDP & ENSTAR WILL PARTICIPATE IN A PORTION OF TAKE-PRIVATE PURCHASE OF ABOUT 45% OF AMTRUST FINANCIAL SERVICES.EVERGREEN PARENT- MDP, ENSTAR WILL CONTRIBUTE $350 MILLION TO EVERGREEN FOR EQUITY INTERESTS IN EVERGREEN TO PARTIALLY FUND PORTION OF TAKE-PRIVATE TRANSACTION OF AMTRUST.EVERGREEN PARENT - MDP, ENSTAR WILL OWN MINORITY EQUITY POSITION IN AMTRUST ONCE TAKE-PRIVATE TRANSACTION IS COMPLETED. 

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