The London-listed company said the cash bid materially undervalues Beazley and its long-term prospects.
Beazley has rejected a £7.7bn bid from Zurich Insurance, saying that the Swiss group’s offer “materially” undervalued the ...
By Tommy Reggiori Wilkes and Charlie Conchie LONDON, Jan 19 (Reuters) - Zurich Insurance Group has made a 7.67 billion pound ...
Beazley has announced this morning that its board has rejected the acquisition proposal from Zurich Insurance Group, saying that the offer "materially ...
The company is finalising plans for a new syndicate, which would help it use private capital to underwrite risks at Lloyd’s.
Beazley rejected a 7.67-billion-pound ($10.3 billion) takeover bid from Zurich Insurance on Thursday, citing that it ...
The offer is at a 56% premium to Beazley’s closing price on Friday. Shares in the London-listed insurance company surged.
Zurich Insurance Group has submitted an improved proposal of 1,280 pence in cash per share to acquire specialist insurer ...
Mario Greco, Chief Executive Officer (CEO) of global insurer Zurich, has told the Financial Times (FT) that the company is ...
Beazley, the prominent Lloyd’s of London underwriter, has unanimously rejected a 1,280p per share cash proposal from Zurich ...
Beazley said the proposal is lower than an approach made late last June for £13.15 a share, valuing Beazley at £8.4 billion.
Jan 22 (Reuters) - Beazley on Thursday rejected a 7.67-billion-pound ($10.3 billion) takeover offer from Zurich Insurance as materially undervaluing the UK speciality insurer, adding it was lower than ...