French Insurer Covea Abandons Hostile Takeover of SCOR

SCOR SE slumped the most in more than a decade in Paris trading [on Tuesday, Jan. 28] after rival Covea abandoned efforts to buy the French reinsurer, ending one of the country’s most acrimonious takeover attempts in recent years. Covea …

from News – Insurance Journal http://bit.ly/2HELi0v
via IFTTT