Adrian Cox, chief executive officer of Beazley. Photo: Jose Sarmento Matos/Bloomberg
Shares in London-listed insurer Beazley hit a record high yesterday after a £7.7bn (€8.8bn) takeover approach from Zurich Insurance.
The Swiss insurer said it had tabled a potential offer of £12.80 a share, up from an earlier and previously undisclosed approach for £12.30 a share on January 4, which was rejected.
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