KM Financial Solutions | UPDATE 1-Italy’s Exor in MoU with France’s Covea for sale of PartnerRe for $9 bln
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UPDATE 1-Italy’s Exor in MoU with France’s Covea for sale of PartnerRe for $9 bln

UPDATE 1-Italy’s Exor in MoU with France’s Covea for sale of PartnerRe for $9 bln

Investment group Exor
said on Tuesday it has entered a memorandum of
understanding (MoU) to sell its 100% stake in Bermuda-based
reinsurer PartnerRe to France’s Covea for $9 billion in cash.

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