(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 ...
Shares in Direct Line jumped by more than 40% today on the news it has rejected a £3.25bn ($4.12bn) potential takeover bid ...
Direct Line rejected Aviva's £3.3billion bid, whereby shareholders would receive £1.12p a share in cash and 0.28 of a new ...
Goldman Sachs is advising Aviva on its bid for Direct Line just eight months after helping its target fend off a bid from ...
Aviva has contacted shareholders in Direct Line Group (DLG) to convince them to reconsider its takeover offer. That was ...
The latest move is an extension of the existing relationship between NatWest Group and AIG Life, now under Aviva's ownership.
British insurer Direct Line Insurance has rejected a takeover offer of £3.28 billion from bigger rival Aviva, saying it ...
James Daley is concerned the takeover will reduce competition and lead to even higher insurance premiums, which have rocketed ...
Direct Line (UK:DLG) shares, listed on the London Stock Exchange, surged by 42% on Thursday as analysts suggested the rejection might pave the way for an increased takeover offer from Aviva.
Aviva has claimed that Direct Line Group (DLG) will not engage further with it after attempting to acquire the insurer.