What's on the radar? - part 2
Insurer Axis Capital Holdings was in demand during yesterday's trading session in the US.
Axis's shares jumped as much as 6pc before settling a bit to close 4pc higher at around $57.
The talk in the market is Adam McNestrie over at top trade rag The Insurance Insider is onto something with his multiple stories about Arch Capital Group's interest in purchasing Axis, whose market capitalisation currently stands at just under $6 billion.
Here are links to The Insurance Insider's pieces:..
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