02:30 AM EDT, 10/01/2026 (MT Newswires) -- Zurich Insurance Group's (ZURN.SW) takeover of fellow British insurer Beazley (BEZ.L) through a court-sanctioned scheme of arrangement became effective on Thursday, following the submission of the court order to the Registrar of Companies. Under the recommended all-cash offer, holders of scheme shares will receive 13.10 pounds sterling for each scheme share by Oct. 15, according to a Thursday filing. Trading in Beazley shares is suspended as of 7:30 am on Thursday, ahead of a delisting from the London stock exchange on Friday.

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