One of the UK's biggest insurers could get even bigger as Direct Line looks set to accept a sweetened £3.61bn takeover bid from Aviva. It's not the first time Aviva has tried to buy Direct Line ...

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 ...

Investing.com -- Aviva plc (LON:AV) has reached a preliminary agreement with Direct Line Insurance Group plc (LON:DLGD) to buy the entire share capital of Direct Line , as per a joint statement.

Aviva and Direct Line Group have agreed a sweetened cash, shares and dividends deal that will see Aviva acquire its rival and capture more than a fifth of the combined UK motor insurance market.

(Bloomberg) -- Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected ...

British insurer Direct Line is set to recommend a sweetened 3.61 billion pound ($4.60 billion) cash-and-stock takeover by Aviva, it said on Friday, if its bigger rival makes a formal offer. If the ...

(RTTNews) - Direct Line Insurance Group plc (DLG.L) Friday announced that it has reached preliminary agreement on the financial terms to be acquired by general insurance company Aviva plc (AV ...

Aviva is contacting Direct Line’s shareholders in an attempt to convince them to back a takeover bid, after the motor insurance giant’s board rebuffed an £3.3bn approach. The FTSE 100 insurer ...

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 ...

Aviva's potential acquisition of Direct Line could enhance shareholder returns, with a 15% EPS accretion expected two years post-deal. Aviva's Q3 results exceeded expectations on a standalone ...