Although I do think Direct Line has the makings of a high-quality business, in 2022, it was still in the throes of its ...
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 ...
By Yadarisa Shabong and Tommy Reggiori Wilkes LONDON (Reuters) -British insurer Aviva has agreed to buy smaller rival Direct ...
British insurer Aviva has agreed to buy smaller rival Direct Line in a sweetened £3.61 billion cash-and-stock deal that will ...
Direct Line also fits with Blanc's desire to grow in less capital-intensive businesses like motor and home insurance. Aviva in April completed a deal for AIG's UK life insurance business and in ...
Aviva's potential acquisition of Direct Line could enhance shareholder returns, with a 15% EPS accretion expected two years ...
Aviva improved the offer for its smaller rival by 10%, and both parties said they have reached a preliminary agreement on the ...
Direct Line said it would be 'minded to recommend' the latest approach, which values the group at 275p per share, after ...
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 ...
British motor insurer Direct Line has signed a preliminary agreement on the financial terms for a sweetened buyout bid of ...
Jefferies has reiterated its 'buy' stance on Aviva after the insurer's £3.6bn takeover pursuit of Direct Line was agreed by ...