Beazley raises capital, makes acquisition
Beazley became the latest Lloyd's (re)insurer to raise capital when it proposed to raise £150m from the markets.
In the new raising, Beazley will offer nine new shares for 19 ordinary shares in an effort to capitalize on "attractive growth opportunities for its Lloyd's and US businesses." The group alsoOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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