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Direct Line shares surged 25% on Wednesday following Belgian insurer Ageas’ offer to fully-acquire the British insurance company for approximately £3.1 billion ($3.9 billion). In a statement on ...
LONDON, Dec 6 (Reuters) - British insurer Aviva (AV.L), opens new tab has agreed to buy smaller rival Direct Line (DLGD.L), opens new tab in a sweetened 3.61 billion pound ($4.60 billion) ...
Aviva’s share price jumped by about 4% on Thursday to hit the highest level since late 2007, before the global financial crisis. Aviva completed its £3.7 billion takeover of Direct Line last month.
Direct Line has accepted an improved takeover offer from Aviva that will see the U.K.’s largest insurer fully-acquire its smaller rival for £3.6 billion ($4.6 billion). In a joint statement, the two ...
Dec 18 (Reuters) - Britain's competition regulator said on Wednesday that Direct Line (DLGD.L), opens new tab breached an order by erroneously adding a 'No Claims ...
When I invested in Direct Line in 2022, I thought it looked like an attractive turnaround and I still think I was right. This investment was a bumpy ride to nowhere, and it’s one of the main reasons ...
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