Scor buys Prévoyance Ré in France for €73m
Scor, the French (re)insurer, said it has bought French (re)insurer Prévoyance et Réassurance and its Life and Health reinsurance subsidiary Prévoyance Ré from rival Malakoff Médéric for €73m.
To pay for the deal, Scor will pay by means of share transfer, which in which the Malakoff Médéric group would be paid with Scor treasury shares. After the deal, Malakoff will have 3% of Scor.ScorOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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