Greenlight Re rejects Catalina cash bid at circa 25% premium
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Greenlight Re rejects Catalina cash bid at circa 25% premium

Adam McNestrie
October 28, 2019
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
greenlight-re-catalina.jpg

Greenlight Re's board has rejected an all-cash offer from Catalina that valued the firm at around 0.9x book value and ejected the legacy acquirer from its bid process, The Insurance Insider can reveal.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Legacy M&A Treaty Reinsurance
adam mcnestrie/adam mcnestrie ii us.png
Adam McNestrie
Editor-at-Large
Contact
Gift this article