BMO Capital Downgrades PartnerRe (PRE) to Market Perform
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April 14, 2015 2:46 PM EDT
PartnerRe (NYSE: PRE) announced that it has received an unsolicited proposal from EXOR (EXO IM), a European investment company controlled by the Agnelli family, to acquire 100% of the common shares of the company for $130.00 per share in cash, valuing PartnerRe at $6.4 billion.
As was... More
April 14, 2015 11:38 AM EDT
Axis Capital (NYSE: AXS) is volatile on headlines Exor made a $6.4 billion cash offer for PartnerRe (NYSE: PRE).
In January, Axis Capital and PartnerRe agreed to a merger deal.
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April 14, 2015 11:35 AM EDT
Exor makes $6.4 billion cash offer for PartnerRe (NYSE: PRE), according to Bloomberg.
UPDATE - The offer amounts to about $130 per share.
Additional reinsurance companies on watch Tuesday include: Montpelier Re Holdings Ltd. (NYSE: MRH), Everest... More
