Partnerre Ltd announces acquisition of Aurigen

Industry:    2016-10-23

Partnerre Ltd

* Partnerre Ltd announces acquisition of Aurigen

* Partnerre Ltd – cash consideration for transaction is C$375 million

* Partnerre Ltd says acquisition is expected to be financially accretive to Partnerre’s book value per share in 2017

* Partnerre Ltd – acquisition will be financed through utilization of Partnerre’s excess cash on hand Source text for Eikon: Further company coverage:

 


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