Validus Announces Modified Dutch Auction Tender Offer

Skadden is representing Validus Holdings, Ltd., which announced today that its board of directors has approved a self tender offer pursuant to which the company may repurchase up to $300 million in common shares. The tender offer, announced May 6, is part of the company’s recently announced program, whereby the company’s board of directors authorized the Company to return up to $750 million to shareholders through share repurchases or other means.