Beazley share price edges lower as Zurich gets more time on £8bn takeover clock
Beazley shares slipped 0.1% to 1,229 pence in early London trading after Zurich Insurance’s deadline for a possible takeover was extended to March 4. Beazley said due diligence is ongoing and a firm offer is not guaranteed. Zurich’s latest proposal values Beazley at up to 1,335 pence per share including dividends. Investors await both Zurich’s decision and Beazley’s results on March 4.