London, Paris and New York Offices Represent Converium in Defense of $2.5B Unsolicited Offer

The firm's London, Paris and New York offices are representing Converium Holding AG in connection with its defense of the $2.5 billion unsolicited offer by SCOR S.A. Under the terms of the offer, SCOR has proposed that each Converium registered share may be exchanged for 0.5 ordinary shares, with a nominal value of €7.8769723, of SCOR and 4 Swiss Francs. Converium AG is an independent international multi-line reinsurer with about 500 employees in 15 offices around the world. Converium is being represented by London partner Gregory Astrachan; New York partners Richard Posen, Tariq Mundiya, Roger Netzer and Robert Stebbins; Paris partner Laurent Faugérolas, Paris Special European Counsel Etienne Boursican, London associate Jonathan Gatsik; and New York associates Lisa Bentley, Scott Eisenberg and Theodore Neos.