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PartnerRe Comments on Revised Proposal from EXOR

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PEMBROKE, Bermuda--(BUSINESS WIRE)--PartnerRe Ltd. (“PartnerRe”) (NYSE:PRE) today confirmed that it has received a revised acquisition proposal from EXOR S.p.A. (EXOR), offering a $3.00 per common share special dividend. In response to EXOR’s revised offer, its sixth revised proposal, the PartnerRe Board has determined that the latest EXOR proposal would reasonably be likely to result in a “Superior Proposal” (as defined in the Amalgamation Agreement with AXIS Capital). As such, the Board will

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