Exor and Covéa reboot $9bn PartnerRe deal

Covea Exor PartnerRe

Exor and Covéa have signed a new memorandum of understanding that will see the French mutual insurer agree to buy PartnerRe for $9bn (€7.7bn) from its Italian investment firm owner less than 18 months after a previous deal between the parties broke down amid Covid-19.

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