Exor to retain ownership of Partnerre, reaffirming its commitment to support the company’s development

Exor Board acknowledges Covéa’s refusal to finalise Agreement to acquire PartnerRe

Exor communicates that its Board of Directors, meeting under the Chairmanship of John Elkann, has acknowledged Covéa’s notice that Covéa will not honour its commitment to acquire PartnerRe in accordance with the terms of the Memorandum of Understanding (“MOU”) announced on March 3, 2020.

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