Italian group says $140.50 per share is 7% more than rival
Italian investment group Exor has sweetened its offer for PartnerRe, which it says now offers shareholders greater value than the takeover deal PartnerRe agreed with Axis Capital.
Exor, the investment vehicle for the Agnellis family, which is behind the Fiat motor company, said its offer values PartnerRe at $140.50 per share in cash.
It is offering $137.50 per share plus a special dividend of $3.00 payable when the proposed deal closes.
It said the offer delivers a 7% premium to Axis’s offer, which was improved last week.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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