UPDATE 2-France’s Covea backs out of $9 bln purchase of Exor’s PartnerRe
French insurer Covea has walked
away from its planned $9 billion purchase of PartnerRe, the
Bermuda-based reinsurer owned by Exor, the holding
firm of Italy’s Agnelli family, saying it could no longer buy
under the terms of their agreement.
away from its planned $9 billion purchase of PartnerRe, the
Bermuda-based reinsurer owned by Exor, the holding
firm of Italy’s Agnelli family, saying it could no longer buy
under the terms of their agreement.
Posted by Reuters
