Beazley Shareholders Approve Zurich’s All-Cash Takeover Scheme

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2026.04.22 15:24
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Beazley shareholders have approved Zurich Insurance Group's all-cash takeover scheme, with 99.91% voting in favor at the court meeting and 99.92% at the general meeting. The scheme is expected to be effective in the second half of 2026, pending court sanction and regulatory conditions. Analysts rate Beazley stock as a Hold with a price target of £1335.00, while Spark's AI Analyst rates it as Outperform due to strong financial performance and attractive valuation, despite some volatility risks.