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Hiscox’s share price surges following Intact interest

Stocks

Hiscox’s share price surged on Friday (15 May) following Insurance Post’s report that Intact was considering a potential acquisition.

Before Post’s report on Friday (15 May), Hiscox’s share price sat at  £16.24 per share, but soon after publishing, it had surged to a peak of £18.60 per share, up more than 14%.

That share price has

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