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Validus reaffirms IPC offer
03 July 2009
Validus Holding has reaffirmed its commitment to its outstanding offer to acquire fellow Bermudian IPC Holdings, in response to a rival offer by Flagstone Re, announced yesterday.
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[Flagstone Re]
[Validus Holdings]
[IPC]
Validus Holding has reaffirmed its commitment to its outstanding offer to acquire fellow Bermudian IPC Holdings, in response to a rival offer by Flagstone Re, announced yesterday (July 2).
The company said in a statement: "Validus remains strongly committed to our outstanding offer to acquire IPC, which we firmly believe represents a full and fair value for IPC shares. In addition, we...
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