Browsing Tag
Bermuda Monetary Authority
2 posts
Beazley (LSE: BEZ) edges up 0.04% on Friday with Zurich scheme on glide path to court sanction and H2 completion
Beazley shareholders voted 99.9% in favour. Zurich keeps buying at 1,280p. The court hearing is next. The 2.3% arbitrage spread is the last word on this deal.
Hiscox (LSE: HSX) jumps 12% on Intact Financial takeover approach reports
Zurich just paid £8.1bn for Beazley. Now Intact Financial is circling Hiscox. The UK specialty insurance auction may have only just begun.