NU Online News Service, Dec. 8, 3:41 p.m.EST
PartnerRe Ltd. in Bermuda announced completion of itsacquisition of Zug, Switzerland-based Paris Re Holdings Limited,following Paris Re shareholders' approval of the $2 billion stockdeal announced in November.
As a result of the shareholders' vote and merger completion,each remaining Paris Re common share not already owned by PartnerRehas been exchanged into the right to receive 0.3018 PartnerRecommon shares.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
