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...The provisions, which relate to the taxation of indirect asset transfers and the General Anti-Avoidance Rule (GAAR), are already disrupting the more than $200bn of funds that foreign investors have invested...
...However, Mr Flowers acquired a large chunk of Enstar for a knockdown price and – with Mr Frazer – turned it around. These days Enstar has a market capitalisation of about $1bn (£490m)....
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