RSA takeover rumours grow
Rumours are continuing to circulate that Zurich Financial Services is preparing a £7bn offer for Roya...
Rumours are continuing to circulate that Zurich Financial Services is preparing a £7bn offer for Royal & SunAlliance.It is believed that the Anglo-Swiss insurance group appointed US investment bank Morgan Stanley to work on the bid plan before Christmas. Zurich refused to comment on the rumours.
Zurich has also recently created an internal mergers and acquisitions team led by Michael Hesketh, who was recruited three months ago.
However, there is speculation that the UK and Swiss sides of the
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