(Reuters) -Shares in UK's Direct Line Insurance soared over 36% in early trade on Thursday after it rejected a 3.28 billion ...
Insurance company Aviva has contacted investors in bid target Direct Line, a move that could pave the way for a hostile ...
Goldman Sachs Group Inc. has switched sides to advise Aviva Plc on its £3.3 billion ($4.2 billion) takeover bid for Direct ...
The stage is set for a bidding war after Aviva threw Direct Line back into the takeover spotlight with a £3.3bn approach.
Shares in Direct Line jumped by more than 40% today on the news it has rejected a £3.25bn ($4.12bn) potential takeover bid ...
The insurance giant, led by Amanda Blanc (pictured), revealed last night that it tabled an offer for its smaller competitor ...
Direct Line is probably betting that, given the juicy savings on offer, it can squeeze Aviva for a little more before it lets it into the tent. Its shareholders, who bid up the stock by more than 40 ...
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 ...
Aviva announced today that Direct Line has rejected a £3.25bn potential takeover proposal from its peer, as the UK-listed ...
Aviva has claimed that Direct Line Group (DLG) will not engage further with it after attempting to acquire the insurer.
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Aviva and NatWest Group have agreed a five-year partnership for the distribution of Aviva protection insurance products via ...