Beazley share price: what to watch before Monday as Zurich bid clock ticks
Beazley shares closed Friday up 0.1% at 1,133 pence, well below Zurich’s improved 1,280 pence per share cash offer. Zurich must decide by Feb. 16 whether to make a firm bid. New filings showed Societe Generale and Barclays holding significant long and short positions in Beazley. The company rejected Zurich’s proposal on Jan. 22, calling it an undervaluation.