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RenaissanceRe - Agreement to acquire Spectrum Syndicate Management
Slaughter and May is advising RenaissanceRe Holdings Ltd, a global provider of reinsurance and insurance on the potential acquisition of Spectrum Partners Ltd, whose principal operating subsidiary is Spectrum Syndicate Management Ltd, a Lloyd’s Managing Agent. Definitive transaction documents have been signed under which RenaissanceRe has an option to purchase all of the outstanding shares of Spectrum Partners Ltd, subject to certain customary conditions.
The agreement was announced on 05 June 2009.
Contacts
Andy Ryde (partner), Jonathan Stewart (associate), Filippo De Falco (associate); Tax: Graham Airs (partner) Tony Beare (partner), Elizabeth Arnold (associate); Financial Regulation: Jan Putnis (partner), Michael Sholem (associate)
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