Scor discloses a 32.9% stake in Converium as bid battle hots up
French reinsurer Scor has announced that it has acquired 32.9% of the share capital of Swiss reinsurer Converium.
The company said it strongly believes that the combination of Converium and SCOR is a unique strategic opportunity to create a Top 5 global multi-line reinsurer in this time of market consolidation.
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