Zurich considering RSA takeover
RSA currently valued at nearly £4.5bn on the stock exchange.
Zurich Insurance Group has confirmed that it is "evaluating a potential offer for RSA Insurance Group".
However the Swiss-based insurer added that the announcement "does not amount to a firm intention to make an offer and there can be no assurance that any offer will be made".
Deadline
Under takeover regulations Zurich has until 5pm on 25 August to either announce a firm intention to make an offer for RSA or confirm that it is not going to bid.
However this deadline can be extended with the
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