SCOR calls Covéa renewed takeover approach ‘hostile and unfriendly’

28-09-2018

SCOR calls Covéa renewed takeover approach ‘hostile and unfriendly’

Source: SCOR

The procedure and the methods used by Covéa CEO Thierry Derez and Covéa to take over SCOR as well as their renewed expressions of interest after the bid has been rejected, “can only be considered as hostile and unfriendly, and are significantly disrupting the functioning of the company,” SCOR said in a corporate statement while insisting that Derez should resign from SCOR’s board.  


SCOR, Covéa, Thierry Derez, Denis Kessler, Insurance, Reinsurance, M&A, France, Europe

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