Copying and distributing are prohibited without permission of the publisher
Flagstone Re muscles in on IPC deal
02 July 2009
Flagstone Reinsurance has entered the race to acquire Bermudian reinsurer IPC Holdings with a rival bid, which it says trumps the offer previously made by Validus.
Read more:
[Flagstone Reinsurance]
[IPC Holdings]
[Validus]
[Max Capital]
Flagstone Reinsurance has entered the race to acquire Bermudian reinsurer IPC Holdings with a rival bid, which it says trumps the offer previously made by Validus.
Flagstone will exchange 2.638 of new shares for each IPC share plus $5.50 per share in cash for total consideration of $33.62 compared to IPC...
To continue reading this article please subscribe or take a free trial to Reactions.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
