Swiss Re holders subscribe for 41% of recent offering
Article Abstract:
Swiss Re's existing stockholders subscribed for 41% of the company's latest 1-for-10 rights offering. The subscribed figure amounted to 11.7 million shares.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Swiss Re and Berkshire team up: pact on 3% stake gives Warren Buffett access to the insurer's core
Article Abstract:
Berkshire Hathaway Inc. will acquire a 3% stake in Swiss Reinsurance Co., along with taking over 20% of the company's property and casualty insurance business. Although financial details were not disclosed, a 3% stake is estimated at approximately 860 mil francs. Swiss Re shares increased 3.7% to 76.35 francs after the news.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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