Exor SpA agreed to buy PartnerRe Ltd. for about $6.9 billion in its biggest single acquisition in more than a century after the reinsurer scrapped a deal with rival Axis Capital Holdings Ltd.
PartnerRe said it would engage in discussions with hostile bidder Exor to seek a better offer than the $6.8 billion proposal that the target company called unacceptable.
Chrysler Group LLC is recalling 867,795 Jeep Grand Cherokee and Dodge Durango sport-utility vehicles to install a shield to protect brake boosters from water corrosion.
Chrysler Group LLC is recalling 867,795 Jeep Grand Cherokee and Dodge Durango sport-utility vehicles to install a shield to protect brake boosters from water corrosion.