Exor bid raises doubts over £7.3bn Partner Re and Axis merger
The planned merger between Partner Re and Axis Capital could be dashed following a $6.4bn (£4.3bn) bid by Italian operation Exor to acquire the reinsurer.
According to a report by the Dow Jones News Service, Exor's all cash offer of $130 a share is a 16% premium compared with the implied value of the previously agreed all-share tie-up between Partner Re
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