PartnerRe Reports Delisting of Shares from NYSE Euronext Paris [Professional Services Close – Up]
Proquest LLC
PartnerRe announced it will delist its shares from NYSE Euronext Paris, effective January 18, 2013.
PartnerRe shares will continue to be traded on the New York Stock Exchange (NYSE).
In a release dated December 12, PartnerRe noted that it made the decision to delist the shares traded on NYSE Euronext Paris as a result of low trading volumes over the past three years. PartnerRe announced the cross-listing in Paris in December 2009, as a result of the acquisition of PARIS RE, to provide investors with a Euro- denominated, European-listed trading platform, in addition to PartnerRe's U.S. Dollar listing on NYSE.
The delisting was recently approved by the Board of Directors of Euronext Paris S.A. Further details on the delisting process will be disclosed in an official notification from NYSE Euronext Paris on December 14, on the NYSE website at https:// europeanequities.nyx.com/en/products/equities/BMG6852T1053-XPAR.
PartnerRe is a global reinsurer, providing multi-line reinsurance to insurance companies.
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