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Goshawk agrees to £45.7m takeover

Bermdian (re)insurer in run-off and owner of Rosemont Re, Goshawk has announced that it has reached agreement on the terms of a recommended cash offer to be made by Enstar Acquisitions for the entire issued share capital of the London-listed firm.

Enstar Acquisitions is a wholly owned subsidiary of Enstar, newly established for the purpose of making the offer. The offer values each Goshawk Share at 5.2 pence and the existing issued share

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How should success of FCA’s response to Which be judged?

The effectiveness of the Financial Conduct Authority’s regulatory action in response to Which’s super-complaint about home and travel insurance is reflected in smoother claims handling, not in the number of reviews or fines, according to Claire Massey, founder of Claim Guardians.

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