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Italy's EXOR to Consider Increasing $6.4B Offer for PartnerRe: Sources
2015-05-11 11:06:32| Automakers - Topix.net
Italy's EXOR SpA will consider raising its $6.4 billion offer for reinsurer PartnerRe Ltd at a board meeting next Tuesday, two sources told Reuters. The Italian holding company, controlled by the Agnelli family, made its all-cash offer for PartnerRe in April, disrupting an all-share deal between AXIS Capital Holdings Ltd. and PartnerRe to create one of the world's largest reinsurers with about $11 billion in market capitalization.
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Category:Automotive