February 2026

Beazley, Zurich extend $10.85 billion acquisition deadline

Beazley plc and Zurich Insurance Group Ltd. have extended their due diligence on the proposed $10.85 billion acquisition of Beazley by Zurich as the groups said they are making progress. The deadline was extended to March 4 from Feb. 16 for Zurich to either announce a firm intention to make an offer for Beazley or say it does not intend to make such an offer, Beazley said in a statement. The deadline can be extended with the consent of the U.K. Takeover Panel..