Aviva, Direct Line

Direct Line Rejects £3.3 Billion Takeover Offer From Aviva
Direct Line Insurance Group Plc rejected a £3.3 billion ($4.2 billion) takeover bid from Aviva Plc, rebuffing the second suitor this year.
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 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 surges after rejecting Aviva's takeover bid
British insurer Direct Line Insurance has rejected a takeover offer of £3.28 billion from bigger rival Aviva, saying it "substantially undervalued" the company.
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 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) takeover bid from Aviva Plc, the second suitor it’s rebuffed this year.
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.
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 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 ...
The Independent3d
What does the insurance company ‘mega merger’ mean for your bills?
The City loves a deal. Consumers, not so much. For them, a tie-up between insurance giants Aviva and Direct Line, at a time when car insurance prices are at historic highs, is a far from ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...