Swiss Re in ?discussions with Softbank on potential minority stake [Reuters (UK)]
SWISS RE LTD S/ADR (SSREY)
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Source: Reuters
Swiss Re in ?discussions with Softbank on potential minority stake | Reuters Reuters Staff 1 Min Read ZURICH, Feb 7 (Reuters) - Swiss Re is in preliminary discussions with Japan’s SoftBank Group on a potential minority investment in the Swiss reinsurer, the Zurich-based group said on Wednesday. “Swiss Re informs that it is engaged in preliminary discussions with SoftBank Group Corp. regarding a potential minority investment in Swiss Re,” the world’s second largest reinsurer said in a statement. “Discussions are at a very early stage. There is no certainty that any transaction will be agreed, nor as to the terms, timing, or form of any transaction.” (Reporting by Brenna Hughes Neghaiwi; Editing by Toby Chopra) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved.
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