Friday, 25 May 2007

UPDATE 1-Watchdog puts back Scor offer period for Converium

(Reuters) - Earlier in May, French rival Scor ended a protracted
takeover struggle for Converium after it raised its bid to 3.4
billion Swiss francs .




Converium advised its owners to accept Scor's increased
cash-and-share offer. Scor already held a 32.9 percent in the
group.


Read more at Reuters.com Mergers News

No comments: