Exor: Covéa’s revised offer did not reflect PartnerRe’s true value
Exor decided not to go ahead with the sale of PartnerRe last year because the revised offer from Covéa did not fully value the reinsurer and its “bright prospects”, which have since been enhanced by an improving reinsurance pricing environment, said the investment holding company.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below