Navigate this market better. Subscribe for FREE stock alerts and information.

Monday, January 26, 2015

Deals of the day- Mergers and acquisitions, (NYSE: PRE)

The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Monday: ** Axis Capital Holdings Ltd and PartnerRe Ltd have agreed to an $11 billion merger to create one of the world's largest reinsurers, PartnerRe said on Sunday.** The owner of British Airways has made a third takeover approach to Aer Lingus, offering to pay 2.50 euros per share or around 1.3 billion euros ($1.46 billion) in total for the Irish airline, Sky News reported on Saturday.

PartnerRe Ltd. (PartnerRe) is the ultimate holding company for its international reinsurance and insurance group. Shares of PRE fell by 0.74% or $-0.85/share to $114.14. In the past year, the shares have traded as low as $94.50 and as high as $118.47. On average, 298005 shares of PRE exchange hands on a given day and today's volume is recorded at 284645.