Zurich’s $11 billion Beazley takeover: the 1,335p offer, the financing, and what could derail it
Zurich Insurance Group is snapping up British specialty insurer Beazley for 8.1 billion pounds, betting big on areas like cyber, marine, and aviation coverage. Beazley’s stock closed Monday at 1,291 pence, up 1.8% but still under Zurich’s bid. Shares of Zurich dropped 1.2%.
