RSA to hold out for 600p offer from Zurich, reports say
Analysts estimate insurer's value at 550p per share.
The board of RSA are understood to be looking for a take-out price of 600p per share from potential bidder Zurich, according to reports by The Sunday Telegraph.
Following Zurich's announcement last week that it was considering a takeover of RSA advisers to RSA have been looking at the potential value of the company.
Value
Analysts told Insurance Age that the deal would be a "good fit" for the two insurers and estimated RSA's value to 550p per share.
RSA confirmed that it had not held any talks
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