08:50 AM EDT, 09/04/2024 (MT Newswires) -- Enstar Group ( ESGR ) said Wednesday that the 35-day "go-shop" period for its $5.10 billion take-private deal by Sixth Street ended on Sept. 2 without any new offers.

The insurance group said it will now enter a "no-shop" phase, restricting its ability to seek other offers.

The Sixth Street merger, which has been endorsed by Enstar's ( ESGR ) board, is set to be completed in mid-2025, Enstar ( ESGR ) said.

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