Deal overview

Deal overview
Target PARTNERRE LIMITED
Bidder COVEA SGAM
Price £0.00 Full version or £25.00 Light version
Publication Date Mar 03, 2020
Abstract On 3 March 2020, the French mutual insurance group Covéa SA ("Covéa") announced that it had signed a memorandum of understanding to acquire the Bermudan reinsurance company PartnerRe Ltd ("PartnerRe") from Exor NV ("Exor"), the investment company of the Agnelli family. Covéa would pay US$ 9.0 billion, whilst Exor would also receive a dividend of US$ 50 million. The ...
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Number of pages (Light version) 2
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