Exor adds $3 per share dividend to Partner Re bid
Italian investment firm Exor has added a $3 (£1.93) per-share dividend to its offer for Partner Re, in a move that casts further doubt on Partner Re's deal to merge with Axis Capital Holdings.
The Dow Jones News Service is reporting that, including the dividend, Exor's offer for Partner Re is now valued at $140.50-a-share, compared to the $137.50-a-share binding offer made in May.
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