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Aviva, Direct Line
Direct Line Shares Surge After Rebuffing £3.3 Billion Aviva Bid
Aviva Plc is exploring a potential takeover of Direct Line Insurance Group Plc, people with knowledge of the matter said.
Goldman Switches Sides on Aviva’s £3 Billion Direct Line Bid
Goldman Sachs Group Inc. has switched sides to advise Aviva Plc on its £3.3 billion ($4.2 billion) takeover bid for Direct Line Insurance Group Plc, only eight months after helping the target successfully defend against another suitor.
Direct Line Insurance Confirms Its Rejection Of Aviva's Proposal - Quick Facts
Direct Line Insurance Group plc (DLG.L) confirmed that on 19 November 2024 it received an unsolicited, indicative and conditional
Aviva launches £3.4bn takeover bid for Direct Line to create car insurance giant
Aviva has launched a £3.4bn takeover bid for rival Direct Line in a tie-up that would create one of Britain’s largest car insurers.
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 such as Schroders and Redwheel.
Direct Line shares soar 41% as it rejects Aviva's $4.2 billion takeover bid
By Raechel Thankam Job, Carolyn Cohn and Anousha Sakoui LONDON (Reuters) -Direct Line shares soared 41% on Thursday after it rejected a 3.28 billion pound ($4.15 billion) takeover bid from rival Aviva,
Direct Line shares surge as insurer rejects Aviva's £3.3bn takeover bid
Direct Line topped gains on the FTSE 250 mid-cap index, while Aviva's shares fell around 3 per cent to be the top percentage loser on the blue-chip FTSE 100 index.
Direct Line shares surge 37% after insurer rejects Aviva bid
Aviva said on Wednesday it had submitted a proposal offering 112.5 pence in cash and 0.282 new Aviva shares for every Direct Line share. The proposal represented total consideration of 250p for each Direct Line share,
UK's Direct Line surges after rejecting Aviva's $4.16 billion takeover offer
(Reuters) -Shares in UK's Direct Line Insurance soared over 36% in early trade on Thursday after it rejected a 3.28 billion pound ($4.16 billion) takeover offer from bigger rival Aviva, saying it "substantially undervalued" the company.
5d
Direct Line Is Now An Interesting Value Play
Direct Line has reported improving financial figures lately, but its valuation remains quite cheap. Click here to find out my ...
3d
Direct Line Insurance (DLG) Receives a Buy from UBS
In a report released today, William Hardcastle from UBS maintained a Buy rating on Direct Line Insurance (DLG – Research Report), with a price ...
1d
on MSN
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 ...
4d
Insurance stocks lead gains in London, Direct Line jumps
UK's domestically-focused mid-cap FTSE 250 hit an over two-week high on Thursday, while the main FTSE stock index inched up ...
3d
on MSN
Direct Line shares rocketed 41% yesterday! What now?
Direct Line shares have smashed through the ceiling on news of a takeover bid from another UK insurance giant. Our writer ...
2d
on MSN
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 ...
3d
on MSN
FTSE 100 Live 28 November: Direct Line shares surge on Aviva approach, Loungers backs £338m takeover
Direct Line Insurance shares are back in the takeover spotlight after the Green Flag owner rejected a £3.3 billion approach ...
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