PartnerRe shareholders today approved the acquisition by Exor. The news was made known through a press release which states that the shareholders' meeting has given the go-ahead to all operations connected to the transaction announced on 2 August.
PartnerRe has also communicated the ok by the Board of Directors to the payment of a special dividend of $3 per share. The coupon is linked to the implementation of the acquisition by Exor.
The closing of the operation is expected in the first three months of 2016, after the arrival of the go-ahead from the regulatory authorities. The company stressed that antitrust clearances have already been obtained, while those from insurance industry regulators are expected in time to meet the expected closure.
