The insurer Aviva has agreed to acquire its rival Direct Line in a deal worth £3.7bn. The takeover is expected to be completed in mid-2025, at which point Direct Line Group's brands and services will ...

Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that would create the UK’s largest motor insurer. Each Direct Line shareholder will be ...

As investments go, Direct Line has been a mixed bag. The shares initially fell more than 50% shortly after I'd bought them, and then rebounded by about 100% following a recent takeover offer from ...

When I invested in Direct Line in 2022, I thought it looked like an attractive turnaround and I still think I was right. This investment was a bumpy ride to nowhere, and it’s one of the main reasons ...

Aviva and Direct Line Group have agreed a sweetened cash, shares and dividends deal that will see Aviva acquire its rival and capture more than a fifth of the combined UK motor insurance market. The ...

The insurance giant has been struggling to reinvigorate its business under a turnaround strategy launched by chief executive Adam Winslow after it fended off a £3.17billion takeover attempt by Belgian ...