PartnerRe Ltd. (PRE) announced that it closed the acquisition of 100% of the outstanding common shares of Paris Re Holdings Ltd., pursuant to the approval by Paris Re's shareholders, governed by Swiss law, of Paris Re into a wholly-owned subsidiary of PartnerRe.
As a result of the successful merger vote and completion of the merger, each remaining Paris Re common share not already owned by PartnerRe has been exchanged into the right to receive 0.3018 PartnerRe common shares. This is the same exchange ratio of 0.30 PartnerRe common shares for each Paris Re common share offered to Paris Re common shareholders in prior purchases, as adjusted for the payment of PartnerRe's dividend to its common shares on December 1, 2009 in accordance with the terms of the Transaction agreement dated July 4, 2009.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.