Partner Re announces ‘definitive agreement’ to sell stake to EXOR

The long drawn out, and at times acrimonious, merger/takeover saga ends with Partner Re's announcement that it had 'reached a definitive agreement' with EXOR to sell all its outstanding common shares in a USD6.9b all-cash deal, which effectively ends the so-called 'amalgamation of equals' merger with AXIS. 
 
 
News category: