Axis Capital raises bid for Lloyd's of London insurer Novae, shares rise

Aug 25 (Reuters) - Shares in Novae Group rose about 2 percent on Friday after Axis Capital, a Bermuda-based speciality insurer and reinsurer, raised its takeover offer for the Lloyd's of London insurer to about 477.6 million pounds ($611.38 million).

from Reuters: New Issues News http://ift.tt/2wni2n8