Aviva, Direct Line

Direct Line Shares Surge After Rebuffing £3.3 Billion Aviva Bid
Aviva Plc is exploring a potential takeover of Direct Line Insurance Group Plc, people with knowledge of the matter said.
Goldman Switches Sides on Aviva’s £3 Billion Direct Line Bid
Goldman Sachs Group Inc. has switched sides to advise Aviva Plc on its £3.3 billion ($4.2 billion) takeover bid for Direct Line Insurance Group Plc, only eight months after helping the target successfully defend against another suitor.
Direct Line Insurance Confirms Its Rejection Of Aviva's Proposal - Quick Facts
Direct Line Insurance Group plc (DLG.L) confirmed that on 19 November 2024 it received an unsolicited, indicative and conditional
Direct Line Rejects $4.16 Bln Aviva Bid
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.
Aviva goes direct to Direct Line shareholders
The FTSE 100 insurer on Thursday began to reach out directly to target shareholders, according to people familiar with the move. The discussions come after Aviva’s 250p per share offer for the 40-year-old insurance group was dismissed by Direct Line’s board as “highly opportunistic” and “substantially” undervaluing the business.
Aviva launches £3.4bn takeover bid for Direct Line to create car insurance giant
Aviva has launched a £3.4bn takeover bid for rival Direct Line in a tie-up that would create one of Britain’s largest car insurers.
Direct Line shares rocketed 41% yesterday! What now?
Direct Line shares have smashed through the ceiling on news of a takeover bid from another UK insurance giant. Our writer speculates on what might happen next. The post Direct Line shares rocketed 41% yesterday!
Direct Line surges after rejecting Aviva's takeover bid
British insurer Direct Line Insurance has rejected a takeover offer of £3.28 billion from bigger rival Aviva, saying it "substantially undervalued" the company.
What next in Aviva’s bid for Direct Line?
Aviva, the £13bn UK insurance behemoth whose roots can be traced back to the late 17th century, is pursuing the younger, smaller Direct Line Group: a household name best known for motor cover and its marketing mascot — a red phone on wheels.
Aviva purchase of Direct Line 'to push up prices'
James Daley is concerned the takeover will reduce competition and lead to even higher insurance premiums, which have rocketed in recent years.
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Potential acquisition of Direct Line by Aviva a credit positive for both groups: Moody’s
Analysts at Moody's Ratings have suggested that the potential acquisition of Direct Line by Aviva could bring credit positive ...
Car insurance giant Direct Line shares up as City ponders what next
Shares in Direct Line last night closed at 224.4p, up 65.7p on the session, as City analysts raised the possibility of Aviva increasing its bid.
Insurance stocks lead gains in London, Direct Line jumps
UK's domestically-focused mid-cap FTSE 250 hit an over two-week high on Thursday, while the main FTSE stock index inched up ...
FTSE 100 Live 28 November: Direct Line shares surge on Aviva approach, Loungers backs £338m takeover
Direct Line Insurance shares are back in the takeover spotlight after the Green Flag owner rejected a £3.3 billion approach ...
Direct Line Is Now An Interesting Value Play
Direct Line has reported improving financial figures lately, but its valuation remains quite cheap. Click here to find out my ...
Direct Line founder Sir Peter Wood says Aviva must raise its offer
Direct Line rejected Aviva's £3.3billion bid, whereby shareholders would receive £1.12p a share in cash and 0.28 of a new ...