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 ...

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, ...

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

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