reinsurancene2h
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 ...
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 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 ...
dailybusinessgroup2d
Goldman switches to Aviva in Direct Line battle
Goldman Sachs is advising Aviva on its bid for Direct Line just eight months after helping its target fend off a bid from ...
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 ...
India plans to raise FDI limit to 100% in insurance, amend key provisions of 1938 Act
Finance ministry proposes amendments to Insurance Act of 1938, including raising FDI to 100%, seeking public comments by ...
devdiscourse4d
FTSE 250 Climbs Amid Insurance Sector Drama and Business Tensions
The UK's FTSE 250 index rose as Direct Line rejected Aviva's takeover, impacting insurance stocks. Spirax-Sarco and Sainsbury enjoyed brokerage upgrades. Renewi surged due to Macquarie's takeover ...