Cyber-attack and yacht insurer agrees £8bn deal in latest UK stock market exit

Beazley, which also covers fine art, agrees to Zurich takeover at 60% premiumA British company specialising in insuring against cyber-attacks that also covers fine art and luxury yachts has agreed to be taken over in an £8bn deal, in 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...