(RTTNews) - Direct Line Insurance Group plc (DLG.L) Friday announced that it has reached preliminary agreement on the financial terms to be acquired by general insurance company Aviva plc (AV, AV.L) ...

Direct Line’s shares increased by over 40% on Thursday on hopes its main rival Aviva might submit another higher takeover bid following its decision to reject a £3.3 billion ($4.2 billion) bid from ...

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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 ...

Direct Line Insurance Group said Chief Executive Adam Winslow and Chief Financial Officer Jane Poole are set to step down as part of a management reshuffle following its agreed merger with Aviva ...

Per a statement released by Aviva, the firm expects to receive unconditional clearance from the CMA by the July 10 deadline for the regulator’s phase one investigation. “Following constructive ...

Direct Line Insurance Group shares are back in focus on valuation and fundamentals after the company's 2024 takeover talks with Ageas ended. The move comes as investors continue to weigh the British ...

Direct Line Insurance Group shares remain in focus on the London market as the UK motor insurer works through the agreed cash takeover by Belgium-based Ageas, a special dividend, and a strategic ...

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 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. Describing the ...

All in all Direct Line has reported quite a disappointing set of numbers for the first quarter of 2023 as the business continues to remain under pressure. While the company has reported a 19% rise in ...

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 ...