Exor SpA agreed to buy PartnerRe Ltd. for about $6.9 billion in its biggest single acquisition in more than a century after the reinsurer scrapped a deal with rival Axis Capital Holdings Ltd.
PartnerRe said it would engage in discussions with hostile bidder Exor to seek a better offer than the $6.8 billion proposal that the target company called unacceptable.
Chrysler Group LLC is recalling 867,795 Jeep Grand Cherokee and Dodge Durango sport-utility vehicles to install a shield to protect brake boosters from water corrosion.
Chrysler Group LLC is recalling 867,795 Jeep Grand Cherokee and Dodge Durango sport-utility vehicles to install a shield to protect brake boosters from water corrosion.
DebugScreen: mobile
{
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"articles": [
{
"uri": "/2015/08/03/agnellis-exor-will-buy-partnerre-after-axis-deal-s/",
"title": "Agnellis’ Exor will buy PartnerRe after Axis deal scrapped",
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"summary": "Exor SpA agreed to buy PartnerRe Ltd. for about $6.9 billion in its biggest single acquisition in more than a century after the reinsurer scrapped a deal with rival Axis Capital Holdings Ltd.",
"body": null
},
{
"uri": "/2015/05/20/partnerre-to-exor-6-8b-is-unacceptable/",
"title": "PartnerRe to Exor: $6.8B is unacceptable",
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"summary": "PartnerRe said it would engage in discussions with hostile bidder Exor to seek a better offer than the $6.8 billion proposal that the target company called unacceptable.",
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{
"uri": "/2015/05/12/exor-raises-partnerre-offer-in-final-push-to-beat/",
"title": "Exor raises PartnerRe offer in ‘final’ push to beat Axis bid",
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"summary": "Exor upped the ante in the takeover battle for PartnerRe, raising its bid by 5.8% in a final push to beat out rival Axis for control of the reinsurer.",
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{
"uri": "/2015/04/14/exor-offers-partnerre-6-4b-in-cash-to-break-up-merger-with-axis/",
"title": "Exor offers PartnerRe $6.4B in cash to break up merger with Axis",
"byline": "Tommaso Ebhardt, Bloomberg",
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"prettyDate": "April 14, 2015",
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"summary": "Exor SpA offered $6.4 billion for PartnerRe Ltd., seeking to break up the reinsurers planned merger with Axis Capital Holdings Ltd.",
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{
"uri": "/2014/04/02/chrysler-recalls-867795-suvs-worldwide-to-fix-brak/",
"title": "Chrysler Recalls 867,795 SUVs Worldwide to Fix Brake System",
"byline": " Tommaso Ebhardt, Bloomberg ",
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"summary": "Chrysler Group LLC is recalling 867,795 Jeep Grand Cherokee and Dodge Durango sport-utility vehicles to install a shield to protect brake boosters from water corrosion.",
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"uri": "/2014/04/02/chrysler-recalls-867795-suvs-worldwide-to-fix-brake-system/",
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