Swiss Re Ltd shares start trading after successful exchange offer
Following Swiss Re's announcement of a new holding structure on 17 February 2011, an exchange offer was held to exchange registered shares in Swiss Reinsurance Company Ltd, Zurich, for newly created shares in Swiss Re Ltd. The exchange offer was made on the basis of a 1:1 ratio.
The reason for the exchange offer was to create a new corporate structure under a newly formed holding company, Swiss Re Ltd, with the aim to improve client focus, transparency, accountability and the flexibility of the Swiss Re Group.
In line with legal requirements, an additional acceptance period will be provided from 24 May to 7 June 2011.
For more information on the successful conclusion of the exchange offer and the additional acceptance period:
For more information on the exchange offer:
Published 23 May 2011
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