Jan. 19 at 5:46 PM
$ZURVY Beazley plc has responded to a possible offer from Zurich Insurance Group, confirming it received an unsolicited, non-binding cash proposal on January 4, 2026, for 1,230 pence per share, which the board unanimously rejected as significantly undervaluing the company. Beazley is now considering Zurich's improved proposal of 1,280 pence per share, received on January 19, 2026, and will update shareholders in due course, urging them to take no action. Zurich has until February 16, 2026, to announce a firm intention to make an offer.
In other M&A news, Bark received a second offer at
$1.1 per share with the first at
$0.90 by the CEO. The stock trades at
$0.91, only.