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 ...
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 ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Leading Direct Line shareholders are holding out for a higher takeover offer from Aviva after the insurer ...
(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 ...
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 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, 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 ...
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 ...
Direct Line shares opened 6 December at 252.2p ... Before becoming a writer, Dan spent six years working in talent acquisition in the tech sector, including for credit scoring start-up ClearScore ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK insurance group Aviva has raised its offer to buy Direct Line in a move that would value its smaller ...
The Direct Line (LSE:DLG) share price jumped 7.6% on Friday (6 December), extending gains from the previous week, after a preliminary agreement was reached with Aviva (LSE:AV.). Aviva, the UK’s ...