FTSE 100-listed insurer Hiscox’s shares leap amid report of takeover bid

The Guardian World ·

FTSE 100-listed insurer Hiscox’s shares leap amid report of takeover bid

Shares in Hiscox surged to record highs on Friday as it became the latest UK takeover target after a flurry of overseas bids for British businesses this week. …

Shares in Hiscox surged to record highs on Friday as it became the latest UK takeover target after a flurry of overseas bids for British businesses this week. Canada’s Intact Financial Corp, which provides property and casualty insurance, is said to be exploring a potential takeover of Lloyd’s of London insurer Hiscox, according to a report by the Insurance Post. …

Original source: The Guardian World

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