M&A Deal Summary

SCOR Acquires Converium Finance SA

On February 19, 2007, SCOR acquired financial services company Converium Finance SA for 2.5B USD

Acquisition Highlights
  • This is SCOR’s 1st transaction in the Financial Services sector.
  • This is SCOR’s largest (disclosed) transaction.
  • This is SCOR’s 1st transaction in Luxembourg.

M&A Deal Summary
Date 2007-02-19
Target Converium Finance SA
Sector Financial Services
Buyer(s) SCOR
Deal Type Add-on Acquisition
Deal Value 2.5B USD

Target

Converium Finance SA

Luxembourg

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Buyer(S) 1

Buyer

SCOR

Paris, France
Category Company
Founded 1970
Sector Insurance
Employees3,491
Revenue 1.8B EUR (2023)
DESCRIPTION

SCOR rates, credit, equities, loans and alternatives, real estate, infrastructure, and Insurance-Linked Securities. SCOR was founded in 1970 and is based in Paris, France.

DEAL STATS #
Overall 2 of 9
Sector (Financial Services) 1 of 2
Type (Add-on Acquisition) 2 of 8
Country (Luxembourg) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-08-04 Scor Life U.S. Re Insurance

Addison, Texas, United States

Scor Life U.S. Re Insurance Co. is a provider of insurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-19 Investors Insurance

Jacksonville, Florida, United States

Investors Insurance Corporation is a provider of retirement products and services.

Sell -
Mergr

Product

Company

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