Direct Line shares surged 25% on Wednesday following Belgian insurer Ageas’ offer to fully-acquire the British insurance company for approximately £3.1 billion ($3.9 billion). In a statement on ...

An earlier version of this story said Aviva made its initial offer on Nov. 27. Aviva in fact made its initial offer on Nov. 19 and then announced the offer publicly on Nov. 27 Direct Line has accepted ...

Motor insurance giant Direct Line Insurance Group surged on Wednesday as rival Ageas announced a cash-and-stock proposal to buy the FTSE 250 firm. At 204.8p per share, Direct Line’s share price was ...

Shares in motor insurance giant Direct Line soared on Thursday after the firm announced the sale of its brokered commercial insurance business and revealed half-year trading numbers. At 176.2p per ...

Plans to deliver 50 mln stg in cost-savings through layoffs Loses 71,000 own-brand motor customers in quarter Shares reverse course from early gains of 1.2% Nov 11 (Reuters) - Direct Line Insurance ...

LONDON, Dec 6 (Reuters) - British insurer Aviva (AV.L), opens new tab has agreed to buy smaller rival Direct Line (DLGD.L), opens new tab in a sweetened 3.61 billion pound ($4.60 billion) ...

Direct Line Insurance Group Plc’s first-half profit fell short of estimates as analysts had expected a faster turnaround. The UK’s second-largest auto insurer posted an operating profit of £63.7 ...

When I invested in Direct Line in 2022, I thought it looked like an attractive turnaround and I still think I was right. This investment was a bumpy ride to nowhere, and it’s one of the main reasons ...

Direct Line agreed to an improved takeover bid from Aviva AV-2.19%decrease; red down pointing triangle valuing the nonlife insurer at 3.61 billion pounds ($4.61 billion), the companies said. Insurer ...