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...
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.