Third Point’s Loeb pulls SiriusPoint buyout over valuation disagreement
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Third Point’s Loeb pulls SiriusPoint buyout over valuation disagreement

Jairo Ibarra
May 12, 2023
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Activist investor and Third Point Re founder Daniel Loeb is no longer pursuing a potential buyout of SiriusPoint as the parties could not find an agreement on the valuation of the Bermudian (re)insurer.

The carrier said in a SEC filing that exploratory discussions around the takeout deal were held but that the parties were unable to reach a consensus on the value of a potential transaction.

SiriusPoint's

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News M&A SiriusPoint
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Jairo Ibarra
Senior Reporter
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