Beazley has rejected a £7.7bn bid from Zurich Insurance, saying that the Swiss group’s offer “materially” undervalued the ...
Beazley’s shares jumped 42% on Monday when Zurich’s interest first became public, and were trading above £11 on Thursday but ...
The company is finalising plans for a new syndicate, which would help it use private capital to underwrite risks at Lloyd’s.
The London-listed company said the cash bid materially undervalues Beazley and its long-term prospects.
Moody's has suggested that the proposed acquisition of Beazley by Zurich would be credit-positive for the Swiss insurer, ...
Mario Greco, Chief Executive Officer (CEO) of global insurer Zurich, has told the Financial Times (FT) that the company is ...
Beazley has announced this morning that its board has rejected the acquisition proposal from Zurich Insurance Group, saying that the offer "materially ...
Chief executive Mario Greco told the FT that Zurich was finalising plans for a syndicate, which would give it access to private capital to back risks underwritten at Lloyd’s. Doing so would provide ...
Zurich Insurance Group has submitted an improved cash proposal to acquire Beazley, triggering a sharp jump in the ...