Shares in Direct Line soared over 36 per cent early on Thursday after it rejected a £3.28billion takeover offer from larger rival Aviva, claiming it 'substantially undervalued' the business.

Insurer Direct Line has seen shares soar after being thrust into the takeover spotlight once again following a £3.3 billion approach from rival Aviva. The firm saw its stock surge more than 39% ...

Investing.com -- Direct Line (LON:DLGD) Group has turned down a third acquisition bid this year, this time from Aviva (LON:AV), a move that reinforces the insurer’s stance on preserving its ...

Shares in UK insurer Direct Line Insurance soared over 36% in early trade in London today after it rejected a £3.28 billion takeover offer from bigger rival Aviva, saying it "substantially ...

Direct Line Insurance Group shares rose after the company said it rejected a 3.28 billion-pound ($4.16 billion) takeover proposal from British nonlife insurer Aviva, its second approach in eight ...

(RTTNews) - Direct Line Insurance Group plc (DLG.L) confirmed that on 19 November 2024 it received an unsolicited, indicative and conditional cash and share proposal from Aviva to acquire the ...

Direct Line Insurance Group said it rejected the 3.28 billion pounds ($4.16 billion) takeover approach from insurer and asset manager Aviva as it substantially undervalued the company. Describing ...

Direct Line's shares increased by over 40% on Thursday on hopes its main rival Aviva might submit another higher takeover bid following its decision to reject a GBP3.3 billion ($4.2 billion ...

Shares in Direct Line jumped by more than 40% today on the news it has rejected a £3.25bn ($4.12bn) potential takeover bid from Aviva. As at 14:00 London time, Aviva’s share price had fallen by ...

Aviva has launched a £3.4bn takeover bid for rival Direct Line in a tie-up that would create one of Britain’s largest car insurers. Aviva confirmed that it had made an offer worth 250p a share ...

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 announced today that Direct Line has rejected a £3.25bn potential takeover proposal from its peer, as the UK-listed insurer continues to show an appetite for acquisition and growth into UK ...