Exor Buying Partnerre In Deal Valued At About $6.9 Billion

Business Heds Index, Seattle Post-Intelligencer: Business
Mon, 08/03/2015 - 5:10am

NEW YORK (AP) — PartnerRe's biggest shareholder, Italian investment company Exor, is buying the reinsurer in a deal worth about $6.9 billion. PartnerRe is ending its all-stock agreement with Axis Capital Holdings Ltd., which was made in January, in order to move ahead with a combination with Exor. PartnerRe previously rejected a $6.16 billion bid from Exor. Exor S.p.A.

Topics: york ap italian axis capital holdings ltd january s.p.a partnerre ltd sept bermuda partnerre exor partnerre buying deal billion share

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Exor Buying Partnerre In Deal Valued At About $6.9 Billion

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