Business
Zurich Insurance Reaches $11 Billion Deal to Buy U.K. Insurer Beazley
and Beazley BEZ 8.45%increase; green up pointing triangle agreed on an improved takeover bid valuing the U.K. cyber insurer at around 8.0 billion pounds ($10.96 billion).
The Swiss insurer has been courting the London-listed group since last year and in January went public with several offers that were turned down.
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