SCOR plans to issue 46.5 million new shares

French reinsurer, SCOR will formally settle its offer for Converium today.

SCOR controls 96.32% of Converium shares and plans to issue 46,484,676 new shares, at a unit price of EUR 18.79.

The new shares will be delivered and listed on the Euronext Eurolist and on the foreign segment of the SWX Swiss Exchange today.