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RSA raises take-out price for potential bidder Zurich


UK-based insurer RSA Insurance Group P.L.C. is trying to raise its purchase price to up to £6 ($9.4) per share after speculations of a potential bid from Swiss insurer Zurich Insurance Group Ltd., reports This is MONEY.

Its share price closed at £5.14 ($8.02) per share last week after rumors of a potential bid by Zurich, considered to be around £5.50 ($8.6) a share. The company is expected to release its half-yearly results this week.

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