Scor announced, on July 4, the purchasing of the German reinsurer Revios for more than 650 million euros and its transformation into three European companies. Scor is the first French listed company to become a European company. (Ref. 06691)
Scor’s board of directors, which took place on July 4, announced the company would transform itself into a European company (Scor SA). It is the first French company to adopt the European Company statute, introduced by regulation n°157/2001 of October 8, 2001. Scor Life, its operational subsidiary company of life reinsurance, will also adopt the same statute. The two companies’ transformation projects were due to be effective on 5 July. In addition, on July 3, Scor Global P&C deposited “a trans
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