10 February 2020News

EXOR in discussions with Covéa over possible PartnerRe sale

EXOR has entered into exclusive discussions with Covéa regarding a possible all-cash acquisition of PartnerRe.

“These discussions are ongoing and there is no certainty that they will result in a transaction,” EXOR said in a statement.

EXOR said it will not comment further on the matter until the discussions have been finalised.

EXOR acquired PartnerRe in March 2016 for $6.9 billion following a lengthy battle. Prior to the sale Axis had also sought to acquire the Bermuda-based re/insurer.




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News
13 May 2020   Covéa has pulled the plug on its planned acquisition of PartnerRe, formalised in a memorandum of understanding (MoU) that was announced on March 3, 2020.

More on this story

News
13 May 2020   Covéa has pulled the plug on its planned acquisition of PartnerRe, formalised in a memorandum of understanding (MoU) that was announced on March 3, 2020.