Zurich’s £8bn Beazley bid jolts FTSE 100 to a fresh record as GSK rallies, AI fears hit data stocks
London, February 4, 2026, 09:05 GMT Zurich Insurance Group has struck outline terms for an about 8 billion pound ($11 billion) cash takeover of FTSE 100 underwriter Beazley, with Beazley saying it would be minded to recommend the offer if Zurich turns it into a firm bid by Feb. 16. The talks matter now because the UK Takeover Code forces…