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Converium, increase of capital

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Magazine Issue: 
After the storm comes the calm [3]
Magazine date: 
Nov 2004

Following its financial hardships in the United States which accounted for the 70% fall in its shares, the Swiss group Converium has proceeded to an increase of its capital by 343 million euros (437 million USD). With the acquisition of 5.84% of the shares, the British fortune manager Odey Asset Management becomes an important shareholder in the group.

Thu, 30/05/2013 - 15:29

Source URL: https://www.atlas-mag.net/en/article/converium-increase-of-capital

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