Aviva goes direct to Direct Line shareholders
Direct Line’s new boss, Adam Winslow, is a former executive at Aviva and the two insurers have large shareholders in common ...
Direct Line Says Aviva’s $4.16 Billion Takeover Approach Substantially Undervalues Company
Direct Line Insurance Group said it rejected the 3.28 billion pounds ($4.16 billion) takeover approach from insurer and asset ...
Direct Line Shares Surge After Rebuffing £3.3 Billion Aviva Bid
Direct Line Insurance Group Plc shares surged as much as 39% after the insurer rejected a £3.3 billion ($4.2 billion) ...
Europe stocks higher with inflation in focus; Direct Line soars 40% after rejecting Aviva bid
European markets were higher Thursday, rallying after a day in the doldrums during the previous session. The pan-European ...
Tensions flair at Direct Line following Aviva takeover bid
A battle is brewing within Direct Line over whether to accept any further takeover bids from Aviva, as its CEO begs for more ...
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Potential acquisition of Direct Line by Aviva a credit positive for both groups: Moody’s
Analysts at Moody's Ratings have suggested that the potential acquisition of Direct Line by Aviva could bring credit positive ...
Aviva and Ageas 'could go head-to-head in Direct Line bidding war'
The City is braced for a Direct Line bidding war after Aviva threw the company into the takeover spotlight for the second ...
Aviva purchase of Direct Line 'to push up prices'
James Daley is concerned the takeover will reduce competition and lead to even higher insurance premiums, which have rocketed ...
Direct Line founder Sir Peter Wood says Aviva must raise its offer
Direct Line rejected Aviva's £3.3billion bid, whereby shareholders would receive £1.12p a share in cash and 0.28 of a new ...
How Aviva and Ageas could go head-to-head in Direct Line bidding war
The stage is set for a bidding war after Aviva threw Direct Line back into the takeover spotlight with a £3.3bn approach.
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Aviva reveals Direct Line rejected £3.25bn bid
Aviva announced today that Direct Line has rejected a £3.25bn potential takeover proposal from its peer, as the UK-listed ...
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Aviva asks Direct Line shareholders to back second bid
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 ...