DIRECT LINE has accepted a £3.6billion takeover offer from rival Aviva in a move that will create a home and car insurance giant. Aviva sweetened its bid to 275p-a-share yesterday after two ...

British insurer Aviva has agreed to buy smaller rival Direct Line in a sweetened £3.61 billion cash-and-stock deal that will ...

By Yadarisa Shabong and Tommy Reggiori Wilkes LONDON (Reuters) -British insurer Aviva has agreed to buy smaller rival Direct ...

Direct Line is set to back a sweetened £3.6billion takeover by Aviva after the insurance giant's first offer was rejected.

James Daley is concerned the takeover will reduce competition and lead to even higher insurance premiums, which have rocketed ...

Leading Direct Line shareholders are holding out for a higher takeover offer from Aviva after the insurer rejected a £3.3bn proposal from its larger rival.

UK insurance group Aviva has raised its offer to buy Direct Line in a move that would value its smaller rival at about £3.4bn, just days after its first approach was rejected. Aviva is proposing to ...

LONDON, Nov 28 (Reuters) - Direct Line (DLGD.L), opens new tab shares soared 41% on Thursday after it rejected a 3.28 billion pound ($4.15 billion) takeover bid from rival Aviva (AV.L), opens new tab, ...

The combined group would become the largest home insurer by market share in the country. For motor insurance, it would become ...

British insurer Direct Line Insurance has rejected a takeover offer of £3.28 billion from bigger rival Aviva, saying it ...

Direct Line’s shares surged as investor’s hoped the rejection might pave the way for a second takeover bid from the U.K.’s largest insurance company ...

LONDON (Reuters) -Direct Line shares soared 41% on Thursday after it rejected a 3.28 billion pound ($4.15 billion) takeover bid from rival Aviva, as analysts expect a bidding war over the British ...