Covea to acquire PartnerRe for $9bn as Exor exits with substantial profit
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Covea to acquire PartnerRe for $9bn as Exor exits with substantial profit

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In a deal we first wrote about last month, French mutual Covea and Bermudian reinsurer PartnerRe announced last night they had reached a memorandum of understanding by which Covea would purchase Partner for $9bn in total cash consideration, plus...

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