Brief: Zurich Insurance Group To Acquire Beazley For £8.1 Billion Cash Consideration
02/03/2026 15:33
March 2 (Reuters) - Beazley PLC BEZG.L: ZURICH INSURANCE GRP BEAZLEY PLC - RECOMMENDED CASH OFFER FOR BEAZLEY PLC BEAZLEY - ZURICH AGREES ALL-CASH OFFER FOR BEAZLEY BEAZLEY - SHAREHOLDERS TO RECEIVE £8.1 BILLION CASH CONSIDERATION BEAZLEY - DEAL EXPECTED TO UNLOCK US$1 BILLION ANNUAL REVENUE GROWTH BEAZLEY - DEAL EXPECTED TO DELIVER MID-SINGLE DIGIT CORE EPS ACCRETION FROM FIRST YEAR OF COMPLETION FOR ZURICH INSURANCE BEAZLEY - US$150 MILLION ANNUAL COST SAVINGS EXPECTED BY 2029 FOR ZURICH INSURANCE Source text: ID:nRSB9881Ua Further company coverage: BEZG.L ((Reuters.Briefs@thomsonreuters.com;))