Direct Line's recent operating performance has improved, showing progress in its turnaround program, despite past weak trends and high claims inflation. The company's focus on underwriting ...

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 ...

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 ...

Nov 28 (Reuters) - Insurance company Aviva (AV.L), opens new tab has contacted investors in bid target Direct Line (DLGD.L), opens new tab, a move that could pave the way for a hostile takeover of ...

LONDON - Direct Line (LON:DLGD) Insurance Group PLC (LSE:DLG) has rejected an unsolicited acquisition proposal from Aviva PLC (LSE:LON:AV), deeming the offer to be highly opportunistic and ...

(Bloomberg) — Direct Line Insurance Group Plc shares surged as much as 39% after the insurer rejected a £3.3 billion ($4.2 billion) takeover bid from Aviva Plc, the second suitor it’s rebuffed this ...

This is a 59.7% premium to the closing Direct Line share price on 18 November, which was the day before the proposal was submitted. Direct Line dismissed the offer as "highly opportunistic ...

Direct Line, the UK insurer, has seen its share price surge by more than a third after it rejected a takeover offer from larger rival Aviva. The non-binding cash and shares offer, which valued the ...

Aviva has reportedly directly contacted shareholders of Direct Line. This is after Direct Line's board dismissed Aviva's takeover approach on Nov. 19 at a price of GBX 112.5 cash per share and 0. ...

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.