Zurich agrees £8bn deal to buy Beazley

Zurich Insurance Group has reached agreement in principle to buy Beazley plc. Beazley ‘unanimously rejected’ a £7.7 billion takeover bid from fellow insurance giant Zurich – which is listed in Switzerland – last month following previous failed takeover attempts last year. However Zurich has now been successful with an increased bid which values the FTSE 100 … Continue reading Zurich agrees £8bn deal to buy Beazley