6th Aug 2015 05:36
LONDON (Alliance News) - Switzerland's Zurich Insurance is considering a lower-than-expected bid for FTSE 100-listed RSA Insurance Group PLC, The Daily Telegraph reports.
The Telegraph said advisers to Zurich are said to be basing their preparations for a bid of around 525 pence per share, lower than the 550p to 600p per share it was reported to be considering.
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/insurance/11785771/Zurich-homes-in-on-lower-price-for-possible-RSA-bid.html
By Sam Unsted; [email protected]; @SamUAtAlliance
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