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Insurer Beazley agrees £8 billion takeover by rival Zurich - Zurich said it will pay £13.10 in cash per share for the ...
By Raechel Thankam Job Feb 4 (Reuters) - UK speciality insurer Beazley would recommend a sweetened 8 billion pound ($10.97 ...
Zurich Insurance has reached an agreement on “key terms” of a takeover of Beazley after the Swiss group sweetened its bid for ...
The latest proposal caps a months-long pursuit by the Swiss insurer, which first approached Beazley in June 2025 with three separate offers – the highest at 1,315 pence per share, implying an equity ...
Canadian commercial lines remain firmly on the soft side, with strong capital and careful underwriting keeping competition ...
In a statement, the insurers said Zurich had raised its offer to 1,310p per share and would offer a 25p dividend prior to ...
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Following two previous rejections last month, Lloyd’s of London underwriter Beazley has confirmed in a joint statement on Wednesday morning that it has reached an agreement in principle with Zurich.
Zurich said it will pay £13.10 in cash per share for the London-listed specialist insurer, with shareholders also set to receive a 25p dividend alongside the deal. The proposed deal comes only two ...
The latest disclosure follows the rejection of Zurich's takeover bid by Beazley.
Zurich and Beazley have confirmed that they have reached an agreement in principle on the key financial terms of a possible ...