Key investors in UK's Direct Line Insurance are holding out for a higher takeover bid from Aviva after the rejection of its 3 ...

Leading Direct Line shareholders are holding out for a higher takeover offer from Aviva after the insurer rejected a £3.3bn proposal from its larger rival.

Direct Line Insurance Group Plc shares surged as much as 39% after the insurer rejected a £3.3 billion ($4.2 billion) ...

Direct Line Insurance Group shares rose after the company said it rejected a 3.28 billion-pound ($4.16 billion) takeover proposal from British nonlife insurer Aviva, its second approach in eight ...

LONDON, Nov 28 (Reuters) - Direct Line (DLGD.L), opens new tab shares soared 41% on Thursday after it rejected a 3.28 billion pound ($4.15 billion) takeover bid from rival Aviva (AV.L), opens new ...

Direct Line shares have smashed through the ceiling on news of a takeover bid from another UK insurance giant. Our writer ...

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 ...

British insurer Direct Line Insurance has rejected a takeover offer of £3.28 billion from bigger rival Aviva, saying it ...

Direct Line Insurance Group said it rejected the 3.28 billion pounds ($4.16 billion) takeover approach from insurer and asset manager Aviva as it substantially undervalued the company.

Direct Line's recent operating performance has improved, showing progress in its turnaround program, despite past weak trends and high claims inflation. The company's focus on underwriting ...

The insurance giant, led by Amanda Blanc (pictured), revealed last night that it tabled an offer for its smaller competitor ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Aviva has contacted shareholders in Direct Line in a move that could pave the way for a hostile takeover ...