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.
(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 ...
(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 ...
Direct Line has said it plans to back a £3.6 billion takeover by rival Aviva (PA) Direct Line has said it plans to back a takeover move by rival insurance firm Aviva. The firms said they have ...
Direct Line has announced it plans to back a takeover bid by fellow insurance giant Aviva. The companies have reached a preliminary agreement on a cash-and-shares deal that values Direct Line at ...
Aviva has agreed a deal to buy Direct Line for £3.6bn, which at this preliminary stage will see 129.7 pence per Direct Line share in cash, 0.2867 new Aviva shares per Direct Line share and a dividend ...