Aviva, Direct Line

Direct Line Says Aviva’s $4.16 Billion Takeover Approach Substantially Undervalues Company
Direct Line Insurance Group said it rejected the 3.28 billion pounds ($4.16 billion) takeover approach from insurer and asset manager Aviva as it substantially undervalued the company. Describing the approach as highly opportunistic,
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.
Direct Line Rejects £3.3 Billion Takeover Offer From Aviva
Aviva Plc is exploring a potential takeover of Direct Line Insurance Group Plc, people with knowledge of the matter said.
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.
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 insurers.
Direct Line playing hardball with Aviva bid
Direct Line is probably betting that, given the juicy savings on offer, it can squeeze Aviva for a little more before it lets it into the tent. Its shareholders, who bid up the stock by more than 40 per cent on Thursday, will be hoping the insurer has not overplayed its hand.
Direct Line shares surge as insurer rejects Aviva's £3.3bn takeover bid
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 loser on the blue-chip FTSE 100 index.
Direct Line shares surge 42% on rejection of Aviva’s $4.2 billion takeover offer
Direct Line’s shares surged as investor’s hoped the rejection might pave the way for a second takeover bid from the U.K.’s largest insurance company
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.
UK's Direct Line surges after rejecting Aviva's $4.16 billion takeover offer
(Reuters) -Shares in UK's Direct Line Insurance soared over 36% in early trade on Thursday after it rejected a 3.28 billion pound ($4.16 billion) takeover offer from bigger rival Aviva, saying it "substantially undervalued" the company.
The Financial Times2d
Aviva goes direct to Direct Line shareholders
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Aviva has contacted shareholders ...
Insurance Times19h
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 ...
luxtimes10h
Aviva Investors fined over ESG breaches
Regulator CSSF found that the funds did not adequately follow the investment strategy outlined in the prospectus ...
‘Aviva could cost taxpayers £30k by denying my disabled sister her pension’
I discovered that he had a pension, which was held by Friends Life, paying him a guaranteed income for life. As part of the ...
Insurance Times16h
Cabinet minister ‘lost Aviva job’ after mobile phone offence
The cabinet minister resigned from her government role today (29 November 2024) and said in a letter to prime minister Keir ...
GlobalData on MSN1d
Aviva, NatWest Group enter protection partnership
The latest move is an extension of the existing relationship between NatWest Group and AIG Life, now under Aviva's ownership.
insurancebusinessmag1d
Aviva Canada donates $500,000 to tackle food insecurity and inequality
Aviva Canada has announced a $500,000 contribution to support initiatives addressing food insecurity and promoting diversity, ...
FTAdviser2d
Aviva aims to be ‘go-to’ provider of LTAFs for DC market
Aviva Investors has launched its third fund under its long term asset fund range, the Aviva Investors Multi-Sector Private ...