UPDATE 1-Exor offers $6.4 bln to buy PartnerRe, trumping Axis deal

April 14, 2015 4:23 PM

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MILAN, April 14 (Reuters) - Italian holding company Exor , which controls carmaker Fiat Chrysler Automobiles , said it had offered $6.4 billion in cash to buy U.S. reinsurer PartnerRe, trumping an earlier all-share deal with Axis.

Exor, which also has stakes in tractor and truck maker CNH Industrial and real estate group Cushman & Wakefield, has been seeking to diversify for some time.

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