Direct Line Shares Surge

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.
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 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 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 surge 42% on rejection of Aviva’s $4.2 billion takeover offer
Direct Line’s shares surged as investor’s hoped the rejection might pave the way for a second takeover bid from the U.K.’s largest insurance company
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.
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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 ...
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 ...
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 ...
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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 ...
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 ...
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 ...
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 ...
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 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 ...