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Hedge fund owner bids to take SiriusPoint private royalgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from royalgazette.com Daily Mail and Mail on Sunday newspapers.
Shares of SiriusPoint (NYSE:SPNT) look set to extended Wednesday's more-than-10% gain as investors mull the potential of Third Point LLC acquiring the company.
Billionaire Daniel S. Loeb has signalled his intention to take Bermudian-headquartered global specialty re/insurer SiriusPoint Ltd private.
Mr Loeb is the CEO and founder of Third Point LLC, a New Yor.