PartnerRe News
PartnerRe to EXOR: Original M&A Deal With AXIS is Moving Ahead
PartnerRe has decided to seek shareholder approval of its original merger agreement with AXIS Capital, following EXOR's de facto rejection of an offer to meet and discuss its own, unsolicited bid. ...
EXOR Sets One Condition Before Discussing Its $6.8B Bid With PartnerRe
Italian investment firm EXOR said it is willing to discuss its $6.8 billion bid for PartnerRe with the Bermuda-based reinsurer's board of directors, but there is a catch. EXOR said it will negotiate ...
PartnerRe Seeks Direct Meeting With EXOR About Possible Acquisition Deal
Bermuda-based reinsurer PartnerRe, after weeks of resistance, has decided to meet with EXOR to determine whether the Italian investment firm will sweeten its $6.8 billion bid for the company. Even ...
EXOR, Playing M&A Hardball, Buys Stake in PartnerRe and Raises Bid
EXOR SpA upped the ante in the takeover battle for PartnerRe Ltd., raising its bid by 5.8 percent in a final push to beat out rival AXIS Capital Holdings Ltd. for control of the reinsurer. EXOR, the ...
EXOR Could Offer Sweeter Deal for PartnerRe; Board Meeting Tuesday
Italy's EXOR SpA will consider raising its $6.4 billion offer for reinsurer PartnerRe Ltd at a board meeting on Tuesday, two sources told Reuters on Friday. The Italian holding company, controlled by ...
Analysis: PartnerRe May Find Shareholder Resistance to AXIS M&A Plan
PartnerRe Ltd. is betting the value of a merger with AXIS Capital Holdings Ltd. is worth more in the long run than an extra few dollars a share now. Shareholders may not agree. The Bermuda-based ...
AXIS and EXOR Escalate Their Fight For PartnerRe
Plans for AXIS Capital Holdings Ltd. and PartnerRe to merge are getting even more complicated, as they affirm their plans to combine and a rival bidder shows no sign of giving up. Both companies ...
PartnerRe Bans Earnings Call Questions on EXOR’s $6.4B Bid
PartnerRe Ltd., the reinsurer that agreed to combine with Axis Capital Holdings Ltd., said it would refuse to answer questions on its first-quarter earnings call about the unsolicited $6.4 billion ...