Exor to sell PartnerRe to Covea for $9bn
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Exor to sell PartnerRe to Covea for $9bn

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Exor has agreed to sell PartnerRe to French mutual Covea, the parties confirmed in a statement today.

Under the terms of a memorandum of understanding, Covea will pay $9bn in cash for the reinsurer, plus a dividend of $50mn to...

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