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    SCR   FR0010411983


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Scor, Barclays End Dispute Over Failed Takeover From Covea

06/14/2021 | 04:01am EDT

By Olivia Bugault

Scor SE and London-based lender Barclays PLC have put an end to their legal dispute related to the failed takeover attempt of the French insurer by rival Covea, Scor said Monday.

"In consideration of certain commitments by Barclays and Scor, the parties have settled the dispute before the High Court in London on mutually acceptable terms," the company said.

Scor didn't disclose the terms of the deal.

The company sued Barclays in 2019 over "breach of confidence and trade secrets" as it claimed at the time that the bank--which was advising Covea in its attempt to take over Scor--had obtained sensitive and confidential documents about the company.

The settlement comes after Scor also signed an agreement with Covea last week to end months of acrimony and legal action that followed Covea's takeover plan that was abandoned in early 2019.

Write to Olivia Bugault at olivia.bugault@wsj.com

(END) Dow Jones Newswires

06-14-21 0400ET

Stocks mentioned in the article
ChangeLast1st jan.
BARCLAYS PLC 2.00% 172.76 Delayed Quote.15.48%
DJ INDUSTRIAL -0.36% 34930.93 Delayed Quote.14.83%
SCOR SE -3.31% 23.96 Real-time Quote.-6.21%
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Sales 2021 16 852 M 19 956 M 19 956 M
Net income 2021 430 M 509 M 509 M
Net Debt 2021 1 423 M 1 685 M 1 685 M
P/E ratio 2021 10,5x
Yield 2021 7,97%
Capitalization 4 459 M 5 264 M 5 280 M
EV / Sales 2021 0,35x
EV / Sales 2022 0,33x
Nbr of Employees 3 034
Free-Float 83,2%
Duration : Period :
Scor SE Technical Analysis Chart | MarketScreener
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Technical analysis trends SCOR SE
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 15
Last Close Price 23,96 €
Average target price 32,64 €
Spread / Average Target 36,2%
EPS Revisions
Managers and Directors
Laurent Rousseau Chief Executive officer & Director
Ian Kelly Chief Financial Officer
Denis Kessler Non-Executive Chairman
Romain Launay Chief Operating Officer
Kory Beth Sorenson Independent Director
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