Brief: Beazley Rejects Zurich's Cash Proposal Of 1,280 Pence Per Share
Jan 22 (Reuters) - Beazley PLC BEZG.L: BEAZLEY PLC - STATEMENT REGARDING POSSIBLE OFFER BY ZURICH BEAZLEY - REJECTS ZURICH'S CASH PROPOSAL OF 1,280 PENCE PER SHARE BEAZLEY - RECEIVED THREE PROPOSALS FROM ZURICH IN JUNE LAST YEAR AND ENGAGED WITH ZURICH APPROPRIATELY BEAZLEY: REJECTED ZURICH'S CASH PROPOSAL ON BASIS THAT IT MATERIALLY UNDERVALUES BEAZLEY Source text: ID:nRSV9407Pa Further company coverage: BEZG.L ((Reuters.Briefs@thomsonreuters.com;))