Beazley share price dips after Zurich stake reveal as takeover clock ticks
Beazley shares slipped 0.3% to 1,165 pence by 0908 GMT after Zurich Insurance disclosed a 1.47% stake and labeled its 1,280-pence-per-share cash bid as “improved.” Beazley previously rejected the offer as too low and revealed a higher, undisclosed bid. Zurich must decide by February 16 whether to proceed or withdraw. Beazley has not commented.