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 ...

LONDON, Nov 28 (Reuters) - Direct Line (DLGD.L), opens new tab shares soared 41% on Thursday after it rejected a 3.28 billion pound ($4.15 billion) takeover bid from rival Aviva (AV.L), opens new ...

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

Direct Line's recent operating performance has improved, showing progress in its turnaround program, despite past weak trends and high claims inflation. The company's focus on underwriting ...

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. ...

This is a 59.7% premium to the closing Direct Line share price on 18 November, which was the day before the proposal was submitted. Direct Line dismissed the offer as "highly opportunistic ...