The board of Beazley plc has ‘unanimously rejected’ the £7.7 billion takeover bid from fellow insurance giant Zurich. The FTSE 100 firm said the offer of 1,280p in cash per share, which comes after a previous offer was snubbed, ‘materially undervalues Beazley and its longer-term prospects as an independent company’. The offer represents a 56% … Continue reading Beazley plc ‘unanimously rejects’ £7.7bn Zurich offer