Converium recommends new Scor bid to shareholders
Converium's board of directors has unanimously welcomed today's revised offer from Scor and has recommended shareholders accept in an announcement this morning. This decision is fully supported by all members of the global executive committee.
Under the terms of SCOR's revised offer, each Converium share may be exchanged for 0.5 new SCOR shares plus CHF 5.5 in cash and further foresees that the consideration will not be reduced by Converium
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