Tuesday, June 23, 2015

PartnerRe, in current conditions sees downside risks to offer Exor – Reuters Italy


       

NEW YORK, June 23 (Reuters) – PartnerRe continues to think that there is a considerable downside risk in the event of a sale of the company Exor price and the current conditions .


       

He says a note from the reinsurance companies that the holding company of the Agnelli family would like to buy, adding that S & amp; P did not provide any vision on the rating of the company in connection with an acquisition by Exor.


       

A few hours ago Exor reiterated that its bid is superior to that of competitor Axis, adding that PartnerRe is campaigning irresponsible to confuse its shareholders.


       

The board of PartnerRe has rejected the offer of Exor to $ 137.5 per share and suggested members to support the merger with Axis.


        

        

       

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