SiriusPoint gains as activist investor Daniel Loeb mulls acquiring firm

SiriusPoint

12/04/2023 14:18

** Shares of insurance firm SiriusPoint Ltd  SPNT.N  rise
13% to $9.45 premarket
    ** Activist investor Third Point's Daniel Loeb is exploring
a potential acquisition of SPNT, a regulatory filing shows
    ** Loeb believes co may be best positioned to execute
turnaround strategy as a privately held company
    ** Up to last close, SPNT had risen ~42% YTD

 (Reporting by Akash Sriram in Bengaluru)
 ((Akash.Sriram@thomsonreuters.com; https://twitter.com/hoodieonveshti;))