Specialist UK insurer Beazley agrees to £8bn takeover by Zurich
Deal values cyber-attack specialist at a 60% premium but marks another loss for the London stock marketA British company specialising in insuring against cyber-attacks which also covers fine art and...
By Julia Kollewe · The Guardian World
Deal values cyber-attack specialist at a 60% premium but marks another loss for the London stock market A British company specialising in insuring against cyber-attacks which also covers fine art and luxury yachts has agreed to be taken over in an £8bn deal, as it became the latest loss to the London stock market. Beazley said on Wednesday it had agreed the deal with its larger rival Zurich, after the Switzerland-listed company raised its bid for the Lloyd’s of London insurer Continue reading...