Covea Revives $9 Billion Offer for PartnerRe

Posted on 10/29/2021


Covéa is a French mutual insurer. Covéa signed a Memorandum of Understanding (MoU) to acquire PartnerRe, the global reinsurer wholly-owned by Exor for cash consideration of US$ 9 billion. Preferred Shares issued by PartnerRe and listed on the NYSE would not be included in the proposed acquisition. The proposed transaction is subject to the consultation […]

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