Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in Direct Line surged 37 per cent on Thursday after the UK motor insurer rejected a takeover bid from ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two of the biggest names in British insurance are locked in a takeover tussle that has the potential to redraw ...
Aviva Plc’s plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($5.09 billion) to create the UK’s largest motor insurer has been given the nod from the country’s competition ...
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Top bosses of Direct Line are stepping down in a major ...
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 ...
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Riverbank House, Direct Line. Courtesy Photo. U.K. insurance company Direct Line has appointed its next general counsel, hiring from merchant banking group Close Brothers. Angela Yotov, Close Brothers ...
FTSE 100 Live 28 November: Direct Line shares surge on Aviva approach, Loungers backs £338m takeover
Direct Line Insurance shares are back in the takeover spotlight after the Green Flag owner rejected a £3.3 billion approach by Aviva. One deal that has received support is the £338 million tilt for ...
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 ...
Plans to deliver 50 mln stg in cost-savings through layoffs Loses 71,000 own-brand motor customers in quarter Shares reverse course from early gains of 1.2% Nov 11 (Reuters) - Direct Line Insurance ...
Dec 18 (Reuters) - Britain's competition regulator said on Wednesday that Direct Line (DLGD.L), opens new tab breached an order by erroneously adding a 'No Claims Bonus Protection' add-on to customers ...
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