Qatar Re teams with Centerbridge for Sabre: report

Qatar Re is reportedly vying to buy UK motor insurer Sabre for
about £500mn ($635.6mn).
According to Sky News, the Gunther Saacke-led reinsurer
has teamed up with US-based investor Centerbridge to lodge its bid
for the company, which specialises in non-standard motor
coverage.
The motor insurer was first reported to have been put up for
sale by private equity owners BC Partners last month.
But Qatar Re is an unexpected contender for the business, with
the Evening Standard previously naming