The health insurance and protection market covered
Aviva could be vulnerable to Zurich bid
Following a dive in its share value, Aviva could be exposed to a takeover bid from rival insurer Zurich, reports suggest.
According to a report in the Express, the Swiss insurer could be poised to make a giant £12.5bn bid for the company.
The newspaper claimed that as Aviva’s shares fell by 5¼p to 301¾p, rumours started circulating the market that Zurich was lining up a bid of 440p a share.
This story was first published by COVER's sister title, Insurance Age.
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