Beazley share price in focus as Zurich’s bid clock ticks toward Feb. 16 — what London traders watch
Beazley closed Friday at 1,152 pence, up 3.23%, as Zurich’s 1,280 pence-per-share cash offer remains on the table ahead of a Feb. 16 deadline. Beazley’s board rejected the bid, calling it undervalued. Shares dropped sharply after the rejection but recovered by the close. Investors await any revised offer and Beazley’s results due March 4.