Aviva, Direct Line

Direct Line Shares Surge After Rebuffing £3.3 Billion Aviva Bid
Aviva Plc is exploring a potential takeover of Direct Line Insurance Group Plc, people with knowledge of the matter said.
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 Insurance Confirms Its Rejection Of Aviva's Proposal - Quick Facts
Direct Line Insurance Group plc (DLG.L) confirmed that on 19 November 2024 it received an unsolicited, indicative and conditional
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.
Aviva goes direct to Direct Line shareholders
Direct Line’s new boss, Adam Winslow, is a former executive at Aviva and the two insurers have large shareholders in common such as Schroders and Redwheel.
Direct Line shares rocketed 41% yesterday! What now?
Direct Line shares have smashed through the ceiling on news of a takeover bid from another UK insurance giant. Our writer speculates on what might happen next. The post Direct Line shares rocketed 41% yesterday!
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.
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
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.
Wall Street Journal3d
Direct Line Rejects $4.2 Billion Aviva Bid
Direct Line Insurance Group DLG44.80%increase; green up pointing triangle said it rejected the 3.28 billion pounds ($4.16 billion) takeover approach from insurer and asset manager Aviva as it ...
Direct Line founder Sir Peter Wood says Aviva must raise its offer
Direct Line rejected Aviva's £3.3billion bid, whereby shareholders would receive £1.12p a share in cash and 0.28 of a new ...
The Independent3d
What does the insurance company ‘mega merger’ mean for your bills?
The City loves a deal. Consumers, not so much. For them, a tie-up between insurance giants Aviva and Direct Line, at a time when car insurance prices are at historic highs, is a far from ...
Direct Line Insurance (DLG) Receives a Buy from UBS
In a report released today, William Hardcastle from UBS maintained a Buy rating on Direct Line Insurance (DLG – Research Report), with a price ...
Insurance stocks lead gains in London, Direct Line jumps
UK's domestically-focused mid-cap FTSE 250 hit an over two-week high on Thursday, while the main FTSE stock index inched up ...