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Aviva, Direct Line
Direct Line shares surge 42% on rejection of Aviva’s $4.2 billion takeover offer
Direct Line’s shares surged as investor’s hoped the rejection might pave the way for a second takeover bid from the U.K.’s largest insurance company
Aviva goes direct to Direct Line shareholders
Direct Line’s new boss, Adam Winslow, is a former executive at Aviva and the two insurers have large shareholders in common such as Schroders and Redwheel.
Goldman switches to Aviva in Direct Line battle
Goldman Sachs is advising Aviva on its bid for Direct Line just eight months after helping its target fend off a bid from Belgian firm Ageas.
Direct Line shares surge after £3.3bn Aviva takeover approach
Shares in Direct Line surged as much as 40 per cent on Thursday morning after the insurer rejected a £3.3bn takeover approach from Aviva.
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.
Goldman Switches Sides on Aviva’s £3.3 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.
4d
on MSN
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.
2d
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 ...
3d
on MSN
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 ...
1d
on MSN
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 ...
4d
on MSN
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.
Insurance Times
3d
Aviva ‘contacts DLG shareholders’ as ‘hostile takeover’ looms
Aviva has contacted shareholders in Direct Line Group (DLG) to convince them to reconsider its takeover offer. That was ...
4d
on MSN
Aviva in £3.3bn bid for Direct Line: Takeover battle erupts as insurer rejects rival's 'highly opportunistic' offer
The insurance giant, led by Amanda Blanc (pictured), revealed last night that it tabled an offer for its smaller competitor ...
insurancebusinessmag
3d
Aviva Canada donates $500,000 to tackle food insecurity and inequality
Aviva Canada has announced a $500,000 contribution to support initiatives addressing food insecurity and promoting diversity, ...
GlobalData on MSN
3d
Aviva, NatWest Group enter protection partnership
The latest move is an extension of the existing relationship between NatWest Group and AIG Life, now under Aviva's ownership.
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Direct Line Insurance
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