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Nil-nil Scor

5 September 2018 By Aimee Donnellan

After rebuffing an 8.3 bln euro bid from largest shareholder Covea, the French insurer promised to lift premium income by 5 to 7 pct a year. The board had good reasons to reject an offer worth just 1.3 times book value. Even so, Scor will struggle to achieve that price by itself.

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