Aviva asks Direct Line shareholders to back 2nd bid

Direct Line Shares Surge After Rebuffing £3.3 Billion Aviva Bid
Direct Line Insurance Group Plc shares surged as much as 39% after the insurer rejected a £3.3 billion ($4.2 billion) takeover bid from Aviva Plc, the second suitor it’s rebuffed this year.
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.
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.
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.
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.
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.
Drivers beware: Aviva wants to eat the competition in car insurance
Aviva boss Amanda Blanc must have been rubbing her hands with glee when the boss of Britain’s embattled competition watchdog ...
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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 ...
Multi-Housing News21h
AVIVA Senior Living Notches a First in Port St. Lucie
The first independent senior living community in St. Lucie West, Fla., will hold its grand opening this week. The community, ...
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 ...
Insurance Times4d
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 ...
luxtimes3d
Aviva Investors fined over ESG breaches
Regulator CSSF found that the funds did not adequately follow the investment strategy outlined in the prospectus ...
Irish Mirror on MSN17h
Ireland's women's national team ready to make history against Wales tonight at the Aviva Stadium
Since then they have beaten France too and their audience has grown to the extent that Tallaght Stadium is no longer a big ...
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 ...