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ANPA News11 articles
SGX Cash-Rich Trio's Dividend Outlook Amid Asian Market Gains
Three Singapore-listed firms with strong balance sheets face questions over future dividend growth. Meanwhile, Asian equities advanced on robust export figures and easing oil prices, with Indian indices showing resilience.
Major Funds Disclose Beazley Stakes as Zurich's $11 Billion Bid Progresses
Wellington Management, Vanguard, and Polar Capital have disclosed significant stakes in Beazley Plc after Zurich Insurance's £8.1 billion takeover bid. Beazley shares currently trade 3.4% below the offer price.
Beazley Annual Profit Drops 19% Amid Zurich Acquisition Progress
Specialty insurer Beazley posted a 19% fall in annual pre-tax profit, pressured by softer insurance pricing and a contraction in its cyber segment. The results come as Zurich Insurance's agreed £8.1 billion acquisition moves forward.
Zurich to Acquire Beazley in $10.8 Billion Specialty Insurance Deal
Zurich Insurance Group has agreed to acquire British specialty insurer Beazley for approximately £8.1 billion ($10.8 billion) in an all-cash transaction. The deal is expected to close in the second half of 2026 pending regulatory and shareholder approvals.
Zurich to Acquire Beazley in $10.8 Billion Specialty Insurance Deal
Zurich Insurance Group has agreed to acquire British specialty insurer Beazley for approximately £8.1 billion ($10.8 billion) in an all-cash transaction. The deal aims to create a dominant player in high-growth specialty insurance lines.
Beazley Shares Hold Near Zurich Offer as $5B Funding Secured
Beazley PLC shares are trading just below Zurich Insurance Group's takeover offer price of 1,335 pence per share. Zurich has secured $5 billion in funding to finance the agreed acquisition.
Beazley Shares Hold Near Zurich Offer as Funding Secured, Eyes on Results
Beazley shares traded at 1,290 pence, remaining just under Zurich Insurance Group's 1,335 pence per share acquisition offer. Zurich secured $5 billion in funding to finance the deal, with Beazley's full-year results on March 4 a critical near-term catalyst.
Beazley Deadline Extended as Zurich Bid Decision Looms
Beazley shares saw a slight rise after the UK Takeover Panel extended Zurich Insurance's deadline to make a formal offer to March 4. The specialty insurer's full-year results are scheduled for release on the same date.
Beazley Shares Gain as Zurich Bid Deadline Looms, Major Investors Disclose Stakes
Beazley PLC shares advanced 0.4% in early London trading amid ongoing takeover speculation. Zurich Insurance must announce a firm offer by February 16 or withdraw under UK rules.
Beazley Shares Trade Below Zurich's Offer as Key Investors Emerge
Beazley shares traded 0.48% lower at 1,239p, remaining under Zurich's proposed 1,335p per share offer. Recent filings reveal Vanguard and Norges Bank hold significant stakes as the February 2026 deadline approaches.
Beazley Shares Hold Steady as Zurich Takeover Deadline Looms
Beazley shares closed flat at 1,236 pence, remaining below Zurich's potential 1,335 pence per share offer. The insurer faces a Feb. 16 deadline to formalize its bid.