Specialist UK insurer Beazley agrees to £8bn takeover by Zurich

Deal values cyber-attack specialist at a 60% premium and marks another loss for the London stock marketA British company specialising in insuring against cyber-attacks which also covers fine art and luxury yachts has agreed to be taken over in a £8bn deal, as it became the latest loss to the London stock market.Beazley said on Wednesday it had agreed the deal with its larger rival Zurich, after the Swiss company raised its bid for the Lloyd’s of London insurer Continue reading...