A battle is brewing within Direct Line over whether to accept any further takeover bids from Aviva, as its CEO seeks more ...

Direct Line Insurance Group Plc shares surged as much as 39% after the insurer rejected a £3.3 billion ($4.2 billion) ...

Direct Line rejected Aviva's £3.3billion bid, whereby shareholders would receive £1.12p a share in cash and 0.28 of a new ...

Direct Line topped gains on the FTSE 250 mid-cap index, while Aviva's shares fell around 3 per cent to be the top percentage ...

Direct Line shares have smashed through the ceiling on news of a takeover bid from another UK insurance giant. Our writer ...

British insurer Direct Line Insurance has rejected a takeover offer of £3.28 billion from bigger rival Aviva, saying it ...

Aviva is contacting Direct Line’s shareholders in an attempt to convince them to back a takeover bid, after the motor insurance giant’s board rebuffed an £3.3bn approach. The FTSE 100 insurer ...

The company, which has embarked on a turnaround strategy, rejected Aviva's non-binding offer on value grounds but its larger rival, and other players, could yet come forward with a sweetened deal ...

Aviva has reportedly directly contacted shareholders of Direct Line. This is after Direct Line's board dismissed Aviva's takeover approach on Nov. 19 at a price of GBX 112.5 cash per share and 0. ...

Direct Line was founded by Peter Wood and Martin Long in 1985 as a personal lines insurer that operated with a model of direct sales. The business became synonymous with selling directly and for ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Aviva has contacted shareholders in Direct Line in a move that could pave the way for a hostile takeover ...

Direct Line Insurance Group shares rose after the company said it rejected a 3.28 billion-pound ($4.16 billion) takeover proposal from British nonlife insurer Aviva, its second approach in eight ...